Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Indonesian courier company J&T Express is planning to raise over $1 billion from a U.S. initial public offering (IPO) as soon as the fourth quarter, at a $5 billion valuation, becoming the first Indonesian firm to list in the U.S. since 2019, Bloomberg reports.
- The company is planning new funding round after raking in $300 million in the most recent funding round.
- J&T Express could challenge telecom tower operator PT Indosat Tbk (OTC: PTITF) $1.05 billion IPO in 1994.
- J&T Express has expanded into Malaysia, Vietnam, Indonesia, Thailand, Singapore, Cambodia, and China since its 2015 inception. The courier company recently launched an air freighter in Tangerang.
- J&T Express partners include Indonesia’s e-commerce firms PT Tokopedia and Bukalapak.com, and Singapore-based Sea Ltd owned, Shopee.
- The pandemic induced online shopping acted as a significant demand driver for logistics and warehouses, further triggered by the 267 million Indonesian population spread over 7,000 islands.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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