Indonesia’s J&T Express buys Chinese rival Best’s logistics business amid price war centred in manufacturing hub of Yiwu

Chin@Strategy
Beixiazhu Village in Yiwu, Zhejiang province, was at the forefront of a brutal price war in delivery services this year. J&T Express, which initiated the price war, has announced an acquisition of its Chinese rival Best’s logistics operations for more than US$1 billion. Photo: Tracy Qu Beixiazhu Village in Yiwu, Zhejiang province, was at the forefront of a brutal price war in delivery services this year. J&T Express, which initiated the price war, has announced an acquisition of its Chinese rival Best’s logistics operations for more than US$1 billion. Photo: Tracy Qu

Beixiazhu Village in Yiwu, Zhejiang province, was at the forefront of a brutal price war in delivery services this year. J&T Express, which initiated the price war, has announced an acquisition of its Chinese rival Best’s logistics operations for more than US$1 billion. Photo: Tracy Qu

South China Morning Post

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