BEST ( (BEST) ) just unveiled an announcement.
On February 18, 2025, BEST Inc. announced its shareholders approved a merger agreement at an extraordinary general meeting. The merger will result in BEST becoming a private company, ceasing the listing and trading of its ADSs on securities exchanges. This move aligns with the company’s strategic focus and could impact its operational dynamics and shareholder structure significantly.
More about BEST
BEST Inc. is a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia. Utilizing a proprietary technology platform and extensive networks, the company offers logistics and value-added services, including freight delivery, supply chain management, and global logistics services, aiming to create a more efficient supply chain.
YTD Price Performance: 5.30%
Average Trading Volume: 22,493
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $52.35M
Learn more about BEST stock on TipRanks’ Stock Analysis page.