Indonesian logistics firm J&T Express said to raise $100m from Chinese investors

Photo: Nick Agus Arya/Unsplash

J&T Express, an express delivery company headquartered in Indonesia, is in the final stages of closing a capital raise of more than $100 million, according to multiple sources familiar with the matter.

A large chunk of that amount is already understood to have been secured from Chinese investors last year. The round is also understood to be ongoing.

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