Teleport raises US$50 mil to build top air logistics company in SEA

📆 8/21/2023 12:23 PM
📰 DNewsAsia

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Grew its e-commerce business 6x year-on-year Currently serving 3 largest marketplaces, Shopee, Lazada, Zalora Teleport, the logistics venture under Capital A Bhd (formerly known as AirAsia Group Bhd) has raised new funding of US$50 million (RM220 million) from large institutional credit investors to extend its cross-border delivery capabilities in all key Southeast Asian markets.

Currently serving 3 largest marketplaces, Shopee, Lazada, Zalora

Teleport, the logistics venture under Capital A Bhd has raised new funding of US$50 million from large institutional credit investors to extend its cross-border delivery capabilities in all key Southeast Asian markets.

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