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Ninja Van to Hire 200 Engineers Ahead of Potential U.S. Listing

  • Singapore startup targets U.S. IPO within two years, CEO says
  • Company bets on procurement service after raising $578 million
The Ninja Van website.

The Ninja Van website.

Source: Ninja Van

Ninja Van, a Southeast Asian logistics company that’s just raised $578 million from investors including Alibaba Group Holding Ltd., plans to hire 200 engineers to beef up its technology ahead of a potential initial public offering in the U.S. within two years.

The new hires across Singapore, Vietnam and Indonesia would double the startup’s engineering workforce to 400 in the next 18 months, Chief Executive Officer Lai Chang Wen, 34, said in a video interview.