In recent days, Forbes China published its 2020 High Growth Company List, a forecast of enterprises with the highest potential to break through the $1 billion valuation mark. Many companies on the list were representative enterprises within their respective sectors, including FOR-U Smart Freight (AI), Dingdang Medicine Express (healthcare), and Ubras (online retail).

FOR-U

FOR-U

FOR-U

FOR-U

The 2020 High Growth Company List takes into account companies’ innovative capabilities, growth, and quality of management to seek out high growth businesses that are most likely to become "unicorn" companies, with a $1 billion valuation in the next few years. Forbes China notes that significant growth momentum, as well as robust anti-fragility capabilities, are challenges that must be tackled by startups following the COVID-19 pandemic.

FOR-U

FOR-U

Innovation, in both technology and business models, has become the keystone in the quest for rapid growth and resilience. Positioned as a tech-driven logistics platform, FOR-U comprehensively engages with all segments of truckload transportation, and has accumulated a massive collection of real and multidimensional trade data in the five years since its founding. The platform engages in tech innovation and R&D, with a solid foundation in actual operational scenarios, and utilizes technology to elevate trade efficiency across all links.

FOR-U

FOR-U

Using dispatching as an example, FOR-U has established a pioneering operational model for AI-algorithm-based truck dispatch and developed a proprietary smart truckload dispatch system that is the first at-scale solution for smart-dispatch-related issues within the trucking sector.

FOR-U

FOR-U

FOR-U’s path to growth has been a vertical slice of the smart logistics industry’s development history; in the new economic era, the pivotal nature of logistics as an industry that offers fundamental guarantees is more prominent than ever before. In addition, the continuous influx of technology from sectoral players is making the once considered “rough and tumble” industry ever more intelligent and refined.

FOR-U

FOR-U

In the recently released “WISE 2020: Top 500 New Economy Winners” list by 36Kr, the smart logistics and supply chain sector was highlighted as one of the 10 emerging economic spheres, with FOR-U nominated as a Most Influential Company.

FOR-U

FOR-U

FOR-U

FOR-U

“The best logistics companies are, without doubt, tech companies with an outer layer of logistics." The long cycle of tech-driven accelerated development is showing no signs of winding down, and a new framework for the logistics industry has now settled. In the future, the contest for innovative tech will serve as the new benchmark for market competition.