$BEST Inc (BEST.US)$ Best Group is considering selling its e...
$BEST Inc(BEST.US$ Best Group is considering selling its express delivery subsidiary at a valuation of up to US$1 billion; the company is reported to be cooperating with consultants on the sale of a potential express delivery subsidiary. In this regard, Best Group said that it would not comment on market rumors.
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jake Nho : Do you know the reason?Is it a loss?
mmsySG : Being in Southeast Asia, I don't feel Baishi's business intrusion. Considering that domestic express delivery services are also poor, I don't know why the stock price is rising when news of this sale comes out.