J&T zooms to positive EBITDA one quarter after IPO

J&T zooms to positive EBITDA one quarter after IPO

Tech in Asia·2024-03-25 17:00

Photo credit: J&T Global Express

A quarter after going public, logistics giant J&T Global Express has posted a positive adjusted EBITDA for the first time, hitting US$146.7 million for full-year 2023. This comes as its China business turns profitable three years after entering the market.

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