J&T Express
J&T Express (J&T Global Express Limited) is a global express logistics and parcel delivery company founded in Indonesia in 2015 by Jet Lee (former CEO of Oppo Indonesia) and Tony Chen (founder of Oppo). Headquartered in Jakarta, J&T operates an integrated parcel delivery network across 13 countries including Indonesia, China, Vietnam, Malaysia, Thailand, the Philippines, Cambodia, Singapore, UAE, Saudi Arabia, Brazil, Mexico, and Egypt. The company is a leading parcel courier in Southeast Asia (approximately 22.5% market share by parcel volume) and a major player in China (around 11% market share) where it operates under the Jitu brand. J&T provides last-mile delivery for major e-commerce platforms including Shopee, Lazada, Tokopedia, Pinduoduo, and TikTok Shop. The company listed on the Main Board of the Hong Kong Stock Exchange on October 27, 2023 under stock code 1519.
Public Company
J&T Express is publicly traded
IPO'd on October 27, 2023
This company is no longer available on our private secondary market. Shares can be traded publicly under 1519.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2015
Employees
300,000–350,000
Total Funding
$3.56B
3 rounds
Last Private Valuation
$20B
May 9, 2024
Funding
Total raised $3.56B across 3 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series C
Date
November 18, 2021
Amount
$2.5B
Valuation
$20B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| May 9, 2024 | PIPE | Not disclosed | — | Not specifically named in source accessed |
| November 18, 2021 | Series C | $2.5B | $20B | Temasek |
| April 2021 | Series A | Not disclosed | $8B | Not specifically named in source accessed |
Valuation Trajectory
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series A
$8B
Apr 2021
J&T Express today
$20B
Nov 2021 · latest mark
J&T Express multiple
2.5x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Prominent Investors
Leadership
Jet Jie Li
Founder, Chairman & CEO
Tony Chen
Co-Founder
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
SF Express (S.F. Holding)
Chinese express logistics giant and the largest courier in China by revenue; major competitor in cross-border and integrated logistics.
ZTO Express
Leading Chinese parcel courier (dual-listed NYSE/HKEX) and a key competitor to J&T in China's e-commerce parcel market.
YTO Express
Chinese e-commerce-native parcel courier, part of the 'Tongda' group, competing directly with J&T in China.
Ninja Van
Singapore-based last-mile logistics startup operating across Southeast Asia; a primary regional competitor in e-commerce parcel delivery.
Flash Express
Thai-headquartered express courier backed by ZTO, expanding rapidly across Southeast Asia and competing with J&T in Thailand, Philippines, and Malaysia.
SPX Express (Shopee Express)
Shopee's in-house logistics arm; together with J&T and Lazada Logistics handles ~60% of Southeast Asian parcel volume.
J&T Express Investment FAQ
J&T Express FAQ
Yes, J&T Express is publicly traded under the ticker symbol 1519 on the HKEX. The company went public in October 27, 2023.
J&T Express trades under the ticker symbol 1519 on the HKEX. It began trading in October 27, 2023.
J&T Express (1519 on the HKEX) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker 1519 to place an order.
J&T Express went public in October 27, 2023 via ipo, with an offering valuation of approximately $20B. J&T Global Express Limited listed on the Main Board of the Hong Kong Stock Exchange on October 27, 2023 under stock code 1519. The IPO priced at HK$12.00 per share, raising approximately HK$3.9 billion gross (~US$499-520M) with net proceeds of HK$3.528 billion — the largest Hong Kong IPO of H2 2023. Shares fell on debut. Tencent remained the largest external shareholder post-IPO with a 6.08% stake, followed by Boyu Capital (5.88%), ATM Capital (5.29%), D1 Capital Partners (2.99%), Hillhouse (1.93%), Hidden Hill/GLP (1.92%), Sequoia (1.56%), and Temasek (0.74%).
J&T Express raised $3.56B across 3 disclosed funding rounds prior to its public listing.
J&T Express was co-founded by Jet Jie Li, and Tony Chen in 2015.
J&T Express is headquartered in Jakarta, Indonesia.
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