When was BEST founded?

BEST was founded in 2007 and raised its 1st funding round 4 years after it was founded.

Where is BEST located?

BEST is headquartered in Hangzhou, China. It is registered at Chino, California.

Who is the current CEO of BEST?

Shao Ning Chou of BEST. They have also founded 1 company.

How many employees does BEST have?

As of Sep 30, 2026, the latest employee count at BEST is 684.

Is BEST a funded company?

BEST is a funded company, having raised a total of $988M across 6 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2011.

When was the latest funding round of BEST?

BEST's latest funding was a $***** Post IPO round on May 28, 2020, with participation from 1 investor.

Where does BEST rank among its competitors?

BEST ranks 17th amongst 416 active competitors, of which 58 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Fluent Commerce, which secured $32.6M in Feb, 2026.

Who are the top competitors of BEST?

BEST's top competitors include Delhivery, Cainiao and Veeqo. Among them, Fluent Commerce secured the most recent funding round in February, 2026.

BEST - 2026 Company Profile, Team, Funding & Competitors

BEST is a public company based in Hangzhou (China), founded in 2007 by Shao Ning Chou. It operates as a Provider of tech-enabled logistics and supply chain solutions. BEST has raised $988M in funding from investors like CITIC Capital, IDI Emerging Markets and Everbright Financial Holding Asset Management. The company has 416 active competitors, including 58 funded and 60 that have exited. Its top competitors include companies like Delhivery, Cainiao and Veeqo.

Company Details

Provider of tech-enabled logistics and supply chain solutions. Its intelligent supply chain products include cloud solutions which is an integrated SCM solution for order fulfillment, E-cross which is a logistics management & information solution for express or freight or supply chain, freight transportation services through a network of service stations & routes, parcel delivery services, and store which is a B2B merchandise sourcing and supply chain platform for FMCG companies.

Website: www.best-inc.com
Social
Email ID: *****@best-inc.com
Phone Number: +852 **********
Registered Address: Chino, California

Key Metrics

Founded Year

2007

Location

Hangzhou, China

Stage

Public

Total Funding

$988M in 6 rounds

Latest Funding Round

Post IPO, May 28, 2020, $*****

Investors

CITIC Capital & 17 more

Ranked

17^th among 416 active competitors

Employee Count

684 as on Sep 30, 2026

Investment & Acquisitions

Hai Robotics

Similar Companies

Delhivery & 555 more

Exit Details

Public

View BEST's full profile

BEST is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
BEST LOGISTICS TECHNOLOGY CO., LTD CIN: 364812933 , United States, Active	Dec 26, 999	-	17 (As on Dec 31, 2024)	-

BEST got listed on Sep 20, 2017.

Click here to take a look at BEST's IPO in detail

BEST has raised a total funding of $988M over 6 rounds. Its first funding round was on 2011. Its latest funding round was a Post IPO round on May 28, 2020 for $*****. 1 investor participated in its latest round. BEST has 18 institutional investors.

Here is the list of recent funding rounds of BEST:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 28, 2020	2109590	Post IPO	6517070	8919433	5007679	5185544
Sep 13, 2019	1053868	Post IPO	7594321	9243941	1172925	Alibaba
Aug 28, 2016	5573638	Series D	7565844	1000415	Everbright Financial Holding Asset Management & 1 more	CDBII & 12 more

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View details of BEST's funding rounds and investors

The founders of BEST is Shao Ning Chou. Shao Ning Chou is the CEO of BEST.

Here are the details of BEST's key team members:

Shao Ning Chou: Founder & CEO of BEST.

View details of BEST's Founder profiles and Board Members

BEST's employee count trend

BEST has 684 employees as of Sep 26. Here is BEST's employee count trend over the years:

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Top competitors of BEST include Delhivery, Cainiao and Veeqo. Here is the list of Top 10 competitors of BEST, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Delhivery 2011, Gurugram (India), Public	Platform offering end-to-end parcel delivery, warehousing, cross-border, and fulfillment services	$1.25B	Fidelity Investments, GIC & 38 others	81/100
2nd	Cainiao 2013, Hangzhou (China), Acquired	Tech-enabled end-to-end delivery service provider	$290M	Khazanah Nasional Berhad, GIC & 6 others	76/100
3rd	Veeqo 2012, Swansea (United Kingdom), Acquired	Provider of multichannel ecommerce shipping software with order and inventory management	$11.5M	Octopus Investments, Messebauer & 7 others	69/100
4th	MetaPack 1999, London (United Kingdom), Acquired	Provider of e-commerce shipping software	$58.6M	Index Ventures, GP Bullhound & 2 others	67/100
5th	QuickShift 2016, Pune (India), Seed	Platform offering ecommerce fulfillment enablers	$4.86M	Anicut Capital, Lead Angels & 13 others	65/100
6th	EasyPost 2012, San Francisco (United States), Acquired	Provider of shipping API suite and related shipping management tools	$3.85M	Sherpalo Ventures, Founders Fund & 32 others	65/100
7th	Fluent Commerce 2013, Sydney (Australia), Series C	Cloud-based back-end management solutions for omnichannel retailers	$59.7M	Arrowroot Capital Management, Qualgro & 34 others	63/100
8th	Shippit 2014, Sydney (Australia), Series B	Provider of multi-carrier shipping and delivery management software for businesses	$76.1M	Tiger Global Management, Tidal & 13 others	62/100
9th	ZTO Express 2002, Shanghai (China), Public	Provider of E-Commerce and Retail logistics platform	-	HongShan, Affirma Capital & 8 others	62/100
10th	Parcellab 2014, Munich (Germany), Series C	Connects online merchants with their customers	$112M	Coparion, Capnamic Ventures & 12 others	62/100
17th	BEST 2007, Hangzhou (China), Public	Provider of tech-enabled logistics and supply chain solutions	$988M	Goldman Sachs Investment Partners, Foxconn Electronics ... & 16 others	58/100

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Looking for more details on BEST's competitors? Click here to see the top ones

BEST has a total of 1 investment in Hai Robotics. BEST has not made any acquisitions as of now.

Here is the latest report on BEST's sector:

Free

Logistics Tech - Sector Report

Edition: August, 2026 (90 Pages)

View all reports related to BEST

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BEST Inc. Announces Completion of Going Private TransactionPR Newswire•Mar 08, 2025•BEST, https://www.phoenixglobalpartners.com

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BEST Inc. Announces Shareholders' Approval of Merger AgreementPR Newswire•Feb 18, 2025•BEST, https://www.phoenixglobalpartners.com

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BEST Inc. delayed its June 30, 2024 financial report, prompting NYSE notification.PR Newswire•Jan 10, 2025•BEST

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BEST Inc.’s Going Private TransactionGlobal Legal Chronicle•Jul 10, 2024•BEST, Skadden

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Kuehn Law Encourages DM, SHCR, MOR, and ALE Investors to Contact Law FirmPR Newswire•Jul 08, 2024•Kuehn, Desktop Metal, Sharecare, MorphoSys and 5 others

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Halper Sadeh LLC Investigates ALLG, MOR, BEST, MGOL on Behalf of ShareholdersGlobeNewswire•Jun 29, 2024•Halper Sadeh, Allego, MorphoSys, BEST and 1 other

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Halper Sadeh Llc Investigates Alim, Shcr, Best, Vapo On Behalf Of ShareholdersPR Newswire•Jun 27, 2024•Vapotherm, BEST, Sharecare, Alimera Sciences and 1 other

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Halper Sadeh LLC Investigates ALIM, BEST, AGR on Behalf of ShareholdersPR Newswire•Jun 25, 2024•Alimera Sciences, BEST, Avangrid, Halper Sadeh

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Halper Sadeh LLC Investigates BEST, OSG, SQSP, VAPO on Behalf of ShareholdersBenzinga•Jun 21, 2024•Halper Sadeh, BEST, Overseas Shipholding Group, Squarespace and 1 other

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Ademi LLP investigates whether BEST Inc. has obtained a Fair Price for its Public ShareholdersPR Newswire•Jun 21, 2024•BEST, Ademi

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BEST - Company Profile

BEST - About the company

Company Details

Legal entities associated with BEST

BEST's IPO details

BEST's funding and investors

BEST's founders and board of directors

BEST's employee count trend

BEST's Competitors and alternates

BEST's Investments and acquisitions

Reports related to BEST

News related to BEST

FAQs about BEST