Xpressbees Tracking Service & Its Growth History
XpressBees parcels service was founded in 2015. It mainly provides third-party logistics for e-commerce, with more than 60,000 orders per day. According to Indian media reports, Alibaba and XpressBees negotiated equity investment and acquired a minority stake in XpressBees within two weeks. This is Alibaba's first investment in a logistics platform in India, and hopes to build Xpressbees into a network in India.
As Chinese e-commerce platforms become more and more saturated, e-commerce giants such as Alibaba control their market share. Alibaba's investment in India's e-commerce and logistics industry may intend to replicate this mature domestic e-commerce model to India.
India's logistics industry continues to thrive.
India and China, as the only two countries in the world with a population of one billion. They are generally considered to have great potential for economic development. In view of China's logistics industry, India may become the second largest new continent in the global logistics market. The Indian e-commerce market has also developed rapidly in recent years.
According to Morgan Stanley's estimation, the Indian e-commerce market will reach 137 billion U.S. dollars by 2020. India's scale in mid-2017 is about 15 billion U.S. dollars, which shows the massive potential of its e-commerce market.
Flipkart was founded in 2007 and is the largest e-commerce retailer in India. Its model is similar to J.D. It sells goods by establishing its own logistics system. Flipkart(Flipkart tracking tool) separated the logistics system from the company and established eKart logistics company separately. In February last year, eKart also began to undertake the logistics and express delivery services of other e-commerce companies.
Snapdeal was established in 2010 and is one of the largest online trading platforms in India. In particular, the sales of mobile devices account for most of its online transactions. (You can track your Snapdeal parcel for free here)
Not only Alibaba but other Chinese companies are also watching the growing Indian e-commerce and express logistics market. Fosun invested US$30 million in 2017 to take ownership of Delhivery, India's largest e-commerce logistics company. Almost at the same time, Tencent also participated in the financing of India's largest e-commerce company Flipkart. Other investors include Microsoft and eBay.
In March 2017, Delhivery, an e-commerce logistics company, has received a new round of financing led by the Carlyle Group. Fun and Tiger Capital jointly invested US$100 million. They announced that this will be used to upgrade the company's infrastructure and technology.
EcomExpress, its logistics services cover 11,000 postal code areas with 1,200 distribution centers and 33 transit centers. Many popular e-commerce companies are its customers, such as Amazon, Flipkart, Snapdeal, etc.
EcomExpress received 1.92 billion Indian rupees (US$30 million) from Warburg Pincus in September 2017. Previously, it received P.E. company Peepul Capital and Warburg Pincus 750 million Indian rupees in 2014 and 2015, respectively. 8.5 billion Indian rupees investment.
Xpressbees Tracking Service
Agogopost is a package tracking tool a.k.a (parcel tracking tool) for shipments tracking. If you want to track your Xpressbees shipment and have Agogopost send the Xpressbees tracking information to you. You can enter the Xpressbees tracking number in our search box. All information about Xpressbees courier tracking India will be sent to you.
To track Xpressbees couriers, you will need the Xpressbees courier tracking id. Otherwise, you can't use the Xpressbees tracking tool.