J&T Express begins its IPO process.

Accordingly, the public offering price is HK$12 per preferred share. The listing in Hong Kong marks a significant step in J&T Express's journey to becoming a global leader in logistics.

J&T Express, a global logistics company, has officially been listed on the Main Board of the Hong Kong Stock Exchange.

J&T Express plans to use the funds raised from the IPO to expand its logistics network, improve existing infrastructure, and enhance its sorting and warehousing capabilities in Southeast Asia and other markets. J&T Express will also use the capital to expand into new markets and diversify its service offerings, as well as for research, development, and technological innovation, aiming to provide faster and more convenient logistics services to consumers globally.

Founded in Indonesia in 2015, J&T Express has rapidly expanded to six Southeast Asian countries, including Vietnam in 2018. According to Frost & Sullivan, J&T Express was the number one express delivery operator in Southeast Asia by parcel volume in 2022.

Leveraging strong business growth in Southeast Asia, the company continued to expand its operations to five countries in Latin America and the Middle East and North Africa in 2022. Currently, J&T's global delivery operations span 13 countries.

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