J&T Express Raises $2 Billion In Latest Funding From Temasek, Other Investors Ahead of Hong Kong IPO

J&T Express Raises $2 Billion In Latest Funding From Temasek, Other Investors Ahead of Hong Kong IPO

Ho Ching, wife of Singapore Prime Minister Lee Hsien Loong, executive director and CEO of Temasek ... [+] Holdings attends a press conference in Singapore on February 6, 2009. (ROSLAN RAHMAN/AFP via Getty Images)

Delivery company J&T Express raised $2 billion in a funding round late last year from Temasek Holdings, Hillhouse Capital, Boyu Capital, and Sequoia Capital China that valued the company at $20 billion, Bloomberg News reported, citing people familiar with the matter.