BEST Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Shao-Ning Chou
- Full Time Employees
- 3,572
- Sector
- Industrials
- Industry
- Trucking
- Address
- Huaxing Modern Industry Park Hangzhou People's Republic of China 310013
- IPO Date
- Sep 20, 2017
- CIK
- 0001709505
- Website
- best-inc.com
- Similar Companies
- Business
- BEST Inc. operates as an integrated smart supply chain and logistics solutions provider, primarily serving the People's Republic of China, Southeast Asia, and with operations extending to North America and Australia. The company offers a comprehensive suite of products and services, including express delivery, freight delivery, inventory management, warehousing, order fulfillment, omnichannel distribution, cross-border supply chain and transportation services, merchandise sourcing, reverse logistics, and various value-added services such as pre-shipment inspection, cargo insurance, oversized item delivery, cash on delivery facilitation, and evidence of delivery. Its proprietary technology platform, BEST Cloud, delivers SaaS-based applications including warehouse management system (WMS), order management system (OMS), and enterprise resource planning (ERP), facilitating network and route optimization, sorting line automation, smart warehouses, and store management for both online and offline enterprises. Founded in 2007 with headquarters in Hangzhou, Zhejiang, China, BEST Inc. operates through key business segments including Freight Delivery, Supply Chain Management, Global Logistics, and others. The company leverages over 400 self-operated and franchised cloud warehouses alongside more than 18,600 freight delivery stations, fulfilling hundreds of millions of orders annually and delivering billions of parcels through its extensive network. BEST Inc. supports over 100 e-commerce platforms and major retail stores across the U.S. through its cloud-based systems built on the Microsoft Azure platform, enabling real-time inventory tracking and multichannel sales and fulfillment management. In recent major developments, BEST Inc. completed a going-private transaction in early 2025, following a merger agreement with Phoenix Global Partners, which resulted in the company becoming a wholly-owned subsidiary and delisting from the New York Stock Exchange. The company continues its strategic expansion particularly within Southeast Asia’s rapidly growing e-commerce logistics market through partnerships and local infrastructure development. It has enhanced its technology-driven supply chain solutions by integrating blockchain technology for full process data management and paperless operations, and improves operational efficiency with AI-based customer services and smart algorithm systems that increase demand forecasting accuracy and reduce inventory levels. BEST Inc.'s strategic focus is on expanding its service offerings and geographical footprint, particularly in cross-border e-commerce logistics between China and Southeast Asian countries such as Thailand, Vietnam, and Malaysia, aiming to strengthen its global position. It serves a diversified customer base that includes B2B and B2C clients across industries requiring sophisticated supply chain, logistics, fulfillment, and transportation solutions. Overall, BEST Inc. positions itself as a technologically advanced, full-service logistics and supply chain partner with a robust infrastructure and innovative solutions designed to optimize operations, reduce costs, and support business growth internationally.
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