Warburg Pincus invests $400m in Chinese logistics platform NewEase

Warburg Pincus invests $400m in Chinese logistics platform NewEase

Global private equity major Warburg Pincus has made a $400-million equity investment in NewEase China, a Shanghai-based warehousing and logistics platform, according to an announcement by NewEase.

The investment will give Warburg Pincus a 50 per cent stake in NewEase China, an investor and operator of hubs and platforms for urban logistics infrastructure.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter