What is Flash Express? Flash Express Review

Founder Introduction

Li Fashun is a Chinese overseas in Thailand. He has an international logistics team with over 20 years of experience in Southeast Asia. He is mainly responsible for local operations, team building, and trunk transportation.

Di Weijie, founder and CEO of Black and White Campus, CEO of Beijing Aotezhi Technology Co., Ltd., and a senior employee of Alibaba. He has been in charge of multiple businesses at Yahoo, B2B, Alibaba Cloud and Alipay, and has a deep understanding of mobile Internet.

Company Introduction

Under the Flash Group, in addition to Flash Express services, we also provide other services that cover all areas to become an integrated e-commerce service provider, such as Flash Logistics that provides large item delivery services, Flash Fulfillment that handles the storage of goods, Flash Home or parcel delivery agency services, and Flash Money or financial services.

Current situation

At present, Flash has more than 5,000 outlets in Thailand, covering all 77 provinces of Thailand, and the daily express delivery volume exceeds 1 million. It has standardized and digitized the operation chain through a complete management system and big data, which not only reduces prices, but also provides customers with more transparent and efficient services.

Financing

In August 2017, it received seed round financing from Yuntian Angel Fund.

In 2018, The Flash received US$10 million in angel round financing from Gaorong Capital.

In October 2020, Thailand's comprehensive logistics service provider "Flash Express" recently completed a US$200 million Series D financing round led by Thai Petroleum, a Fortune 500 company. Red Bull Group, Thailand's leading consumer goods industry, and Ayudhya Bank, Thailand's fifth-ranked bank, followed suit, and old shareholders such as Alibaba eWTP Fund continued to follow up.

References

• 1. Thailand's next-day delivery logistics service provider "Lightning Express" completed a US$200 million Series D financing: E-Commerce News [cited on 2020-10-08T16:00:00.000Z]