Exclusive: Indonesia's JNE Express chooses debt capital over PE to fuel growth

Exclusive: Indonesia's JNE Express chooses debt capital over PE to fuel growth

Image from Pixabay

Indonesia’s express and logistics courier major JNE Express is betting big on debt capital and self financing to fuel its growth plans, targeting revenues to the tune of Rp 5.7 trillion, or $427.5 million, by the end of 2017, its president director M. Feriadi told this portal.

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