About Cargo Services Far East
Cargo Services Far East is a company based in Hong Kong (China) founded in 1989 by John Lau was acquired by DP World in September 2024.. Cargo Services Far East operates in a competitive market with competitors including J&T Jitu Express, Kerry Logistics, ECU Worldwide, Sinotrans and Rhyme Express, among others.
- Headquarter Hong Kong, China
- Founders John Lau
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Funding Insights of Cargo Services Far East
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cargo Services Far East
Cargo Services Far East has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include DP World. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Freight forwarding and maritime logistics services are provided globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Cargo Services Far East
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cargo Services Far East
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cargo Services Far East Comparisons
Competitors of Cargo Services Far East
Cargo Services Far East operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as J&T Jitu Express, Kerry Logistics, ECU Worldwide, Sinotrans and Rhyme Express, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Delivery, multi-modal freight forwarding, and cross-border logistics services are provided.
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| domain | founded_year | HQ Location |
Transportation and freight logistics services are specialized in comprehensively.
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| domain | founded_year | HQ Location |
NVOCC services for LCL and FCL shipping are provided worldwide.
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| domain | founded_year | HQ Location |
Worldwide logistics services including trucking and express are provided.
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| domain | founded_year | HQ Location |
Transportation and logistics services are provided across China.
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| domain | founded_year | HQ Location |
Transportation and distribution services are provided in China.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cargo Services Far East
Frequently Asked Questions about Cargo Services Far East
When was Cargo Services Far East founded?
Cargo Services Far East was founded in 1989.
Where is Cargo Services Far East located?
Cargo Services Far East is headquartered in Hong Kong, China.
Who is the current CEO of Cargo Services Far East?
John Lau is the current CEO of Cargo Services Far East. They have also founded this company.
What does Cargo Services Far East do?
Cargo Services Far East was established in 1989 in Hong Kong, China, as a logistics provider. Operations are conducted through a network of agents spanning over 80 countries. End-to-end cargo solutions are delivered to shippers and consignees across continents, covering transportation, handling, and distribution. The focus remains on facilitating international freight movements in the logistics sector.
Who are the top competitors of Cargo Services Far East?
Cargo Services Far East's top competitors include J&T Jitu Express, Sinotrans and Kerry Logistics.
Who are Cargo Services Far East's investors?
Cargo Services Far East has 1 investor. Key investors include DP World.
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