Warburg Pincus Invests US$50 Million in China ANE Logistics (Asia)
Source: Asian Venture Capital Journal | Author(s): Winnie Liu
Global private equity firm Warburg Pincus has invested US$50 million in a follow-on round for China-based logistics and courier services provider China ANE Logistics. Warburg Pincus had invested an undisclosed amount in the company earlier this year. China ANE Logistics owns 50 logistics centers and is involved in small parcel shipping.