In today’s briefing:
- Initial Thoughts on the DN Solutions IPO
- Quick Update on Asian Air Cargo Trends: No Signs of Market Tightness in These Numbers
- Jumppoint bags US$3.5M to streamline logistics for e-commerce in SEA | e27
Initial Thoughts on the DN Solutions IPO
- DN Solutions is planning to complete its IPO in Korea in 2025. The expected value of DN Solutions is estimated to be about 5 trillion won to 6 trillion won.
- DN Solutions’ revenue and operating profit increased at CAGR of 19.9% and 62.2%, respectively from 2020 to 2023.
- Currently, the largest shareholder of DN Solutions is GMT Holdings which has a 90.32% stake. DN Automotive (007340 KS) owns a 100% stake in GMT Holdings.
Quick Update on Asian Air Cargo Trends: No Signs of Market Tightness in These Numbers
- Tracking Asian air cargo trends can uncover investment opportunities & offer read-throughs
- In November 2024, no clear signs of market tightness in data from Taiwanese, Chinese carriers
- A quick look at numbers from CX, SIA, LAX also suggests ample available cargo space
Jumppoint bags US$3.5M to streamline logistics for e-commerce in SEA | e27
- Hong Kong-based cross-border e-commerce logistics startup Jumppoint has secured an additional US$3.5 million in Series A+ funding, bringing its total funding to US$20 million.
- The news round was led by returning investor MindWorks Capital, with participation from other investors, including IMM Global, Headline Asia, the Hong Kong Government, Beyond Ventures, Chinachem Group, and Boon Ventures.
- The funding will be used to scale Jumppoint’s AI-driven logistics platform, expand its regional network, and enhance its service offerings.