CNE Express Raises over CNY 100 Mn in Series A

Industrials Author: Fuller Wang Jul 20, 2021 08:35 PM (GMT+8)

The experienced logistics expert is constructing a talent-oriented mode for its future development.


On July 20, 2021, CNE Express announced it has raised over CNY 100 million in Series A financing, which is led by Eastern bell Capital and Northern Light Venture Capital, and followed by Capital Nuts and Dinglin Investment. According to the company, the funds will be used to expand service scale at home and abroad, accelerating research and attract talents.

Founded in 2003 and headquartered in Shanghai, CNE Express is a leading international express company with 20 years of cross-border logistics operation experience. In the past 20 years, the company has been focusing on cross-border logistics small package business models. Since its establishment, CNE Express has developed a number of products and services, including international express, CNE special line, international small package, international large package and warehousing services. Among them, CNE express contributes the most revenue. The business line has three series of products, including CNE global priority, CNE global preferential and CNE global economy. At present, the company's business has spread all over the world's major countries and regions, including Europe, North America, East Asia, Southeast Asia, the Middle East and Latin America.

Further according to the company, in the future, CNE express plans to promote the application of digitization and informatization in the field of cross-border logistics. In addition, the company will attract more talents for the next development stage of CNE Express.