# J&T Express

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/j-t-express

- Industry: Logistics & Distribution
- Headquarters: Jakarta, Indonesia
- Website: www.jet.co.id
- Total disclosed funding: $2.7B
- Latest round: Series D (Jun 17, 2023)
- Investors on record: 8

## About

Based in Jakarta, Indonesia, and established in 2015, PT.Global Jet Express, doing business as J&T Express, is an internet express logistics company. Its early funding and team came from OPPO. It has offices in China, Vietnam, Malaysia, Philippines, Singapore, and other countries. At present, it has nearly 400,000 employees around the world. In October 2023, PT.Global Jet Express was listed on the Hong Kong Stock Exchange. In May 2024, eWTP Arabia Capital invested in PT.Global Jet Express.

It provides logistics services such as distribution, express delivery, warehouse, and supply chain. It developed a Java message service system that realized express delivery of the whole process, from order placement to receipt settlement. Its business covers intra-city, interprovincial, and international shipments.

The company generates revenue by providing logistics services such as Internet distribution, express delivery, express transportation, warehousing and supply chain.

The company plans to be listed on the Saudi Exchange and will use the funding to optimize and enhance the Middle East and North Africa market (MENA).

## Funding rounds

- Series D, Jun 17, 2023, $200M — Hillhouse Investment, HSG
- Series C, Nov 17, 2021, $2.5B — Temasek Holdings, SIG Asia Investment, Boyu Capital, Hillhouse Investment, GLP Capital Partners, D1 Capital Partners, HSG, Tencent Investment

## Investors

- Temasek Holdings — Series C
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series C
- Boyu Capital (https://capitalatlas.ai/funds/boyu-capital) — Series C
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series C, Series D
- GLP Capital Partners (https://capitalatlas.ai/funds/glp-capital-partners) — Series C
- D1 Capital Partners (https://capitalatlas.ai/funds/d1-capital-partners) — Series C
- HSG (https://capitalatlas.ai/funds/hsg) — Series C, Series D
- Tencent Investment — Series C