Shanghai-based NewEase China, a warehousing and logistics platform, has received US$800 million equity investment from US private equity firm Warburg Pincus. Upon completion of the deal, Warburg Pincus will hold 50% shares of NewEase China. Founded in 2018, NewEase China is an investor and operator of hubs and platforms for urban logistics infrastructure. It provides one-stop operation by focusing its investment in airport hubs and neighboring city facilities. The company is planning to realize the layout of 10 million square …

Warburg Pincus Invests $800M In Chinese Logistics Firm NewEase China appeared first on China Money Network.