J&T Express

Express parcel delivery, mainly for e-commerce, and international logistics services. It runs networks across Southeast Asia, China and other markets, including Saudi Arabia, the UAE, Mexico, Brazil and Egypt.

Mobility & logisticsExpress parcel delivery and logisticsShanghai, China
FoundersSince 2015
Valuation
$13B
Total raised
$5.4B
Last round · Jan 2026
Strategic investment
Founded
2015
Employees
242,039
Quarters in VP50
9

Valuation

$100M$1B$10B2017201820192020202120222023$13B
J&T Express priced rounds
RoundDatePost-money valuationRaisedLed by
Pre-Series A (tranche 1)2017$433M$103MUnknown
Series B extensionApr 2021$7.8B$1.8BBoyu Capital
Series C (tranche 1)Nov 24, 2021$20B$2.5BUnknown
Series C (tranche 2) and Series DMay 2023$13B$1.8BUnknown
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: #37
  2. Q1 2024: no place
  3. Q2 2024: no place
  4. Q3 2024: no place
  5. Q4 2024: no place
  6. Q1 2025: no place
  7. Q2 2025: no place
  8. Q3 2025: no place
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #37.

Funding rounds

DateRound · leadRaisedValuation
Jan 15, 2026Strategic investment · SF Holding$1.1B—
May 2023Series C (tranche 2) and Series D$1.8B$13B
Nov 24, 2021Series C (tranche 1)$2.5B$20B
Apr 2021Series B extension · Boyu Capital$1.8B$7.8B
2020Series A$1.2B—
2020Series B$100M—
2018Pre-Series A (tranche 2)$80M—
2017Pre-Series A (tranche 1)$103M$433M

Team