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](//www.bloomberg.com/news/articles/2022-02-17/temasek-joins-investors-in-j-t-express-2-billion-funding-round) , citing people familiar with the matter. In edition to Temasek, J&T Express managed to get several new investors, including the Chinese investment arm of Susquehanna International Group, and Hidden Hill Capital, the private equity platform in China of logistics-focused investment manager GLP. The company plans to use the funds to back the expansion of its global delivery network and cross-border businesses and to digitize...