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BEST Inc (BEST) RSS Feed

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4
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Posts (Total)
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Created
09/26/17
Type
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BEST INC. (BSTI) The Largest US IPO of 2017 for a Chinese Company!

9/20/2017 NEW YORK--(BUSINESS WIRE)-- The American Depositary Shares of BEST Inc. (“BEST”), a leading Chinese supply chain technology firm, began trading today on the New York Stock Exchange (NYSE) under the ticker symbol “BSTI.” The company raised $450 million in gross proceeds and is the largest U.S. IPO of a Chinese firm year-to-date. GTS is the NYSE Designated Market Maker (DMM) for the company’s shares.

About BEST Inc.

BEST is a leading and fastest-growing Smart Supply Chain service provider in China. Its multi-sided platform combines technology, integrated logistics and supply chain, last-mile and value-added services. BEST's logistics and supply chain services encompass B2B and B2C supply chain management, express and less-than-truckload delivery, as well as cross-border supply chain management and a real-time bidding platform to source truckload capacity. BEST's last-mile services include online merchandise sourcing and store management for convenience stores and B2C services.

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