GLP
GLP closes $556m renminbi clean energy fund
GLP Capital Partners, an alternatives fund manager controlled by warehouse operator turned logistics and infrastructure investment manager GLP, has closed a CNY 4bn (USD 556m) China clean energy fund.
Deal focus: Telexistence’s nimble robots target retail, logistics
Japan’s Telexistence appears to be on the cusp of a significant milestone in retail automation. Local logistics tech investor Monoful is hoping to take that promise to the warehouse
Secondary investor backs Hidden Hill's $465m fundraise
Hidden Hill Capital, which is backed by warehouse operator turned logistics and infrastructure investment manager GLP, has closed its debut growth-stage US dollar-denominated fund on USD 465m with secondaries specialist NewQuest Capital Partners among...
Deal focus: Freight player G7 eyes public listing
Having expanded its business scope from hardware into software and financial services, G7 Network is positioning its recent USD 200m PE investment as a pre-IPO round
GLP launches $1.1bn Vietnam logistics fund
GLP, a regional logistics platform that makes private equity investments in ancillary businesses and technologies, has launched its debut Vietnam fund with USD 1.1bn in commitments.
Logistics: Machinery machinations
As private equity goes deeper downstream in the e-commerce supply chain, technology has emerged as a prerequisite and stumbling block
China MRO player Ruigu gets $250m Series D
Ruigu, a China-based industrial supplies platform that serves small and medium-sized enterprises (SMEs), has raised $250 million in Series D funding led by Primavera Capital Group.
IDG, Sequoia, Hidden Hill lead Series E for China's eSign
China-based electronic signature service provider eSign has raised RMB1.2 billion ($186 million) in Series E funding led by IDG Capital, Sequoia Capital China, and Hidden Hill Capital, an investment arm of logistics platform and fund manager GLP.
GLP, Sequoia commit $800m to China's Harvest Capital
Harvest Capital, a China-based private equity firm that focuses on the consumer sector, has received a strategic investment of nearly $800 million from GLP – a regional logistics platform and investment manager- and Sequoia Capital China.
PE-backed JD Logistics set for Hong Kong listing
JD Logistics, a supply chain solutions and logistics provider that spun-out from Chinese online retailer JD.com, has filed for a Hong Kong IPO. The company has received $2.57 billion in private funding.
Hidden Hill leads $110m round for China's Baibu
Chinese B2B fabrics trading platform Baibu has raised $110 million in an extended Series D round led by Hidden Hill Capital, the private equity platform of logistics giant GLP.
China autonomous truck player Inceptio secures $120m
Inceptio, a Chinese autonomous driving technology provider focusing on line-haul trucking has raised $120 million in funding led by domestic vehicle battery manufacturer CATL.
CPPIB backs GLP Japan logistics fund
Canada Pension Plan Investment Board (CPPIB) has committed JPY25 billion ($235 million) to a fund managed by PE-owned warehouse operator GLP that is said to be the largest open-ended logistics vehicle in Japan.
JD.com invests $100m in Hong Kong's Li & Fung
Chinese online retailer JD.com is investing $100 million in Hong Kong's Li & Fung, which recently won support from warehouse investor GLP for a privatization.
Chinese autonomous trucking start-up Inceptio raises $100m
Inceptio, a Chinese autonomous driving technology provider focusing on line-haul trucking has raised $100 million. The investors were not disclosed. Previous backers include logistics giant GLP, autonomous car maker Nio, and fleet manager G7.
GLP closes latest China logistics fund at $2.1b
GLP, a PE-owned warehouse operator based in Singapore, has closed its latest China logistics fund at RMB15 billion ($2.1 billion).
Meituan-Dianping invests $87m in China food supply chain player
Shenzhen-based agricultural products distributor Wangjiahuan has raised RMB600 million ($87 million) in Series B funding led by Meituan-Dianping. Existing backer Hidden Hill Capital - a PE firm established by warehouse operator GLP - also took part.
China B2B platform Yijiupi raises new round, buys Zskuaixiao
Yijiupi, a Chinese B2B e-commerce platform that initially focused on liquor products, has acquired local B2B consumer goods distributor Zskuaixiao. It has also secured a new round of funding backed by several Zskuaixiao investors.
GLP launches $2.1b China logistics fund
GLP, a private equity-owned warehouse operator based in Singapore, has set up a China logistics fund at RMB15 billion ($2.1 billion).
Hong Kong fintech player raises $30m Series A
Hong Kong-based OneDegree, an insurance technology start-up, has raised over $30 million for its Series A led by financial technology-focused investment firm BitRock Capital.
Allianz, GLP to invest $600m in Asia logistics
German financial services giant Allianz has committed $600 million to funds managed by GLP, a PE-owned warehouse operator based in Singapore, with a view to investing in logistics in China and Japan.
China cross-border logistics provider raises $104m
Fujian Zongteng Network, a provider of overseas storage and transportation services for Chinese e-commerce players, has raised a RMB700 million ($104 million) round led by GLP and Cathay Capital.
China’s Yimidida raises $266m Series D
Chinese logistics firm Yimidida has raised RMB1.8 billion ($266.1 million) in a Series D round of funding led by Boyu Capital.