SF Express made a strategic investment in the freight logistics platform, which is also backed by Bloomberg Beta and GV.
Logistics services provider SF Express invested $100m in US-based freight management platform developer Flexport on Friday, increasing its total funding to $304m since it was founded in 2013.
Flexport runs an online service that enables users to access trucking, air and ocean freight shipping services and also provides cargo insurance, and inventory financing and customs brokerage. It was responsible for the shipping of about $3.8bn of goods in 2017.
The company, which began offering its own private air freight service…
