About BEST Inc.
BEST Inc. is a publicly listed company based in Hangzhou (China) founded in 2007 by Shao Ning Chou. Tech-enabled logistics and supply chain solutions are delivered globally. BEST Inc. has raised $988.5 million across 6 funding rounds from investors including Alibaba.com, Foxconn Electronics and International Finance Corporation. The company has 31 employees. Its chief executive, as recorded, is Shao Ning Chou. Its website best-inc.com draws about 300 thousand monthly visits. Its focus areas include Consumer, Logistics Tech, Ecommerce Logistics and End to End Delivery Services. Its legal entity is BEST LOGISTICS TECHNOLOGY CO., LTD. Its competitors include Cainiao, Lalamove and ZTO Express; 2 of its 3 listed competitors have raised funding.
Company details
BEST Inc. is recognized as a company entity with limited information available. No specific details regarding sectors, solutions, or activities are provided on the website. Further data is required to elaborate on its operations or focus areas.
- Headquarters Hangzhou, China
- Employees 31
- Founders Shao Ning Chou
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website category Finance · Investing
- Email••••••••
- Phone•••• ••••
- Website best-inc.com
- Social LinkedIn Facebook
- Legal Name Best Logistics Technology Co., Ltd
- Total Equity Funding$988.5M (USD)
in 6 rounds
- Latest Funding Round$150M (USD), Post-IPO
May 2020
- InvestorsAlibaba.com
& 15 more
- Employee Count31
Funding Insights of BEST Inc.
BEST Inc. has successfully raised a total of $988.5M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $150 million completed in May 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $988.5M
- Total Rounds 6
- Last Round Post-IPO — $150M
- Investors Count 16
All 6 funding rounds of BEST Inc. with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2020 | $150M | Post-IPO | – | – | |
| Sep 2019 | $175M | Post-IPO | – | – | |
| Aug 2016 | $760M | Series D | – | Everbright Financial Holding Asset Management, CITIC Capital | |
| Jan 2014 | $137.5M | Series C | – | – | – |
| Oct 2011 | $91M | Series B | – | – | – |
| Jun 2011 | Series A | – | IDI Emerging Markets | – |
16 investors in total: 16 institutional.
Investors in BEST Inc.
BEST Inc. has secured backing from 16 investors, including institutional and venture fund investors. Prominent investors backing the company include Alibaba.com, Foxconn Electronics and International Finance Corporation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| ebasset.com | ||||
China-based startups are invested in by SBCVC across diverse sectors. | sbcvc.com | Shanghai, China | ||
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
PE firm investing in Asia | cdibcapital.com | Hong Kong, China | ||
Private equity and private debt firm focused on multiple sectors | cdhfund.com | Kowloon, China | ||
Investment banking firm & PE fund | hinagroup.com | Chaoyang, China | ||
VC firm investing globally in early & expansion stage companies | waldenintl.com | San Francisco, United States | ||
Venture capital firm | idgcapital.com | New York, United States | ||
Global private equity investments are managed by IDI Emerging Markets. | idi-em.com | Luxembourg, Luxembourg | ||
Multi-category products are facilitated through an online B2B cross-border marketplace. | 1999 | alibaba.com | New York, United States |
Investor details for BEST Inc.
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of BEST Inc.
25 people are tracked at BEST Inc. (12 in leadership, 5 in board & advisors, 8 in team); the tracked headcount is 31.
| Name | Role | Group |
|---|---|---|
Shao Ning Chou | Founder & CEO | Leadership |
My Luong | SEA Marketing Director | Leadership |
Mariphat Gerjarusak | Head Of Business Development | Leadership |
Gloria F. | Chief Financial Officer | Leadership |
Duc Nam Dang | Head Of Customer Service | Leadership |
Shao-Ning Johnny Chou | Founder, CEO & Chairman | Leadership |
George Chow | Chief Strategy and Investment Officer & Director | Leadership |
Gloria Fan | CFO | Leadership |
Xiaoqing Wang | Vice President & General Manager of BEST Global | Leadership |
Leo Zhang Li | Head Of Finance | Leadership |
Michael Taylor | Director Business Development | Leadership |
Angie Zhao | General Manager | Leadership |
Chen Shen | Director | Board & advisors |
Xiao Hu | Director | Board & advisors |
Wenbiao Li | Independent Director | Board & advisors |
Klaus Anker Petersen | Independent Board Director | Board & advisors |
Ying Wu | Independent Director | Board & advisors |
Cindy Chen | Human Resources Manager | Team |
Phuc Designer | designer | Team |
Jimei Liu | SVP, Human Resources & Administration | Team |
5 more people are available in the full profile.
Complete people profiles for BEST Inc.
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of BEST Inc.
4 dated milestones of BEST Inc. across 13 years, from founding to its latest funding, stage changes and deals.
- Founded BEST Inc. is founded.
- Funding First funding round.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $150.0M.
Competitors of BEST Inc.
BEST Inc. has 3 listed competitors in our database, 2 of them funded. They include Cainiao, Lalamove and ZTO Express.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cainiao.com | 2013 | Hangzhou, China | $290M | Tech-enabled end-to-end delivery services are provided for e-commerce and groceries. | ||
| lalamove.com | 2013 | Kowloon, China | $2.28B | On-demand delivery solutions are provided for same-day courier services. | ||
| zto.com | 2002 | Shanghai, China | Logistics platform for e-commerce and retail is provided. |
Detailed competitors of BEST Inc.
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of BEST Inc.
The website of BEST Inc. (best-inc.com) receives about 300.4K visits a month and ranks #101,379 among all websites worldwide, #6,342 in Investing.
- Monthly visits300.4K
▼ 17.8% vs previous month
- Unique visitors12.7K
per month
- Global rank#101,379
among all websites
- Category rank#6,342
Finance · Investing
- Bounce rate16%
- Pages per visit17.2
- Average visit27 min 11 sec
- DevicesDesktop 98% · Mobile 2%
Websites whose visitors overlap most with BEST Inc.. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
qianyierp.com | qianyierp.com | 100% | #268,220 | – |
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Related news about Best Inc.
Complete news archive for BEST Inc.
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- Older coverage
- Brand-specific news history
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Frequently Asked Questions about BEST Inc.
BEST Inc. was founded in 2007 and raised its 1st funding round 4 years after it was founded.
BEST Inc. is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.
Shao Ning Chou is the CEO of BEST Inc., as recorded in our data. They have also founded this company.
BEST Inc. is a funded company, having raised a total of $988.5M across 6 funding rounds to date.
BEST Inc. has 31 employees.
BEST Inc. is recognized as a company entity with limited information available. No specific details regarding sectors, solutions, or activities are provided on the website. Further data is required to elaborate on its operations or focus areas.
BEST Inc.'s top competitors include Lalamove, Cainiao and ZTO Express.
BEST Inc. has 16 investors. Key investors include Alibaba.com, Foxconn Electronics, International Finance Corporation, Fosun, and CITIC Capital.
BEST Inc. operates through Best Logistics Technology Co., Ltd.
The website of BEST Inc. receives about 300 thousand visits a month and ranks #101,379 among all websites worldwide.