Best, an Alibaba-backed logistics company with 400 centers across China, filed on Monday with the SEC to raise up to $750 million in an initial public offering.
The Hangzhou, China-based company was founded in 2007 and has not disclosed a ticker or an exchange. Citi, Credit Suisse, Goldman Sachs, J.P. Morgan and Deutsche Bank are the joint bookrunners on the deal. No pricing terms were disclosed.