SINGAPORE -- Singapore logistics startup Ninja Van has closed a major round of funding, raising $578 million in a late stage Series E round with China e-commerce giant Alibaba Group as a big name backer.
Business deals
Alibaba backs Singapore's Ninja Van in $578 million fundraising
Logistics startup to invest in Southeast Asia infrastructure, technology systems
Ninja Van's network spans Singapore, Malaysia, Indonesia, Thailand, Vietnam and the Philippines. (Photo courtesy of Ninja Van)
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