{"id":10260,"date":"2018-01-14T14:31:09","date_gmt":"2018-01-14T11:31:09","guid":{"rendered":"https:\/\/tirport.com\/alibaba-logistics-startupi-xpressbeese-100-million-usd-investment\/"},"modified":"2023-02-21T20:03:55","modified_gmt":"2023-02-21T17:03:55","slug":"alibaba-logistics-startupi-xpressbeese-100-million-usd-investment","status":"publish","type":"post","link":"https:\/\/tirport.com\/en\/alibaba-logistics-startupi-xpressbeese-100-million-usd-investment\/","title":{"rendered":"Alibaba Logistics Startup XpressBeese Invests 100 Million USD"},"content":{"rendered":"\n<figure class=\"wp-block-image aligncenter\"><img decoding=\"async\" src=\"https:\/\/tirport.com\/wp-content\/uploads\/2018\/01\/Alibaba-Lojistik-Startupi-XpressBeese-100-Milyon-USD-Yatirim-Yapiyor.webp\" alt=\"Alibaba Logistics Startup XpressBeese Invests 100 Million USD\"\/><\/figure>\n\n<p class=\"wp-block-paragraph\"><strong>Alibaba<\/strong> is entering the investment scene in India with the decision to invest up to $100 million in <strong>Xpress Bees,<\/strong> an Indian logistics startup. <strong>Alibaba<\/strong> seems to be working on a plan to select certain axes to invest in India, so the development qualifies as significant. When we look at <strong>Alibaba<\/strong> &#8216;s recent <strong>Paytm<\/strong> and <strong>Big Basket<\/strong> preferences, the logistics sector investment made after the investments in the online payment and merchandising sectors may indicate a big plan.<\/p>\n\n<p class=\"wp-block-paragraph\">The decision to invest in <strong>Xpress Bees<\/strong> does not seem like a sudden decision. Studies and negotiations are taking place for a long time. While <strong>Paytm Mall<\/strong> is trying to expand its product range, logistics has to be one of the most important elements of the online retail industry. <strong>Amazon<\/strong> and <strong>Flipkart,<\/strong> the 2 largest e-commerce companies in India, have already taken many steps to increase their delivery and logistics power.<\/p>\n\n<p class=\"wp-block-paragraph\">The startup&#8217;s founders, <strong>Amitava Saha<\/strong> and <strong>Supam Maheshwari<\/strong> , received their initial venture investment from baby products retailer <strong>First Cry<\/strong> . First Cry took over rival baby products startup <strong>BabyOye<\/strong> and caused a stir. <strong>XpressBees<\/strong> is modeled as an end-to-end solution provider in logistics, providing delivery, reverse logistics, payment collection, supplier management, overseas services and software solutions as customers need. They&#8217;re currently handling 60,000 posts a day, and that number is growing pretty quickly. <strong>XpressBees; SAIF Partners has increased its Series A investment round financing from IDG Ventures, Vertex Ventures<\/strong> and <strong>Valiant Capital<\/strong> venture investment institutions to $12.5 million in a few years.<\/p>\n\n<p class=\"wp-block-paragraph\">Observers think <strong>Alibaba<\/strong> may have long-term plans to consolidate logistics support services for both <strong>Paytm Mall<\/strong> and <strong>Big Basket<\/strong> and gain better control of operations. <strong>Alibaba<\/strong> has a similar model already working with Cainiao, which it finances in China. Therefore, the investment in <strong>XpressBees<\/strong> can be seen as an attempt to create the Indian version of <strong>Cainiao<\/strong> .<\/p>\n\n<p class=\"wp-block-paragraph\">source: <a href=\"https:\/\/www.thenewsminute.com\/article\/alibaba-talks-invest-100-million-logistics-startup-xpressbees-74097\" target=\"_blank\" rel=\"noopener\">thenewsminute.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alibaba is entering the investment scene in India with the decision to invest up to $100 million in Xpress Bees, an Indian logistics startup. Alibaba seems to be working on a plan to select certain axes to invest in India, so the development qualifies as significant. When we look at Alibaba &#8216;s recent Paytm and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6098,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","footnotes":""},"categories":[86],"tags":[],"class_list":["post-10260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/posts\/10260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/comments?post=10260"}],"version-history":[{"count":0,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/posts\/10260\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/media\/6098"}],"wp:attachment":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/media?parent=10260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/categories?post=10260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/tags?post=10260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}