It is reported that Polar Rabbit is in talks with SF to buy shares, and the two sides have traded Fengwang Express for 1.183 billion yuan.

Thanks to CTOnews.com netizen Xiao Zhan for the clue delivery! CTOnews.com June 13 news, according to later LatePost news, Shunfeng is recently in contact with extreme Rabbit about buying shares, or will invest 1-2% of extreme Rabbit Worldwide, the specific amount of investment and details of the cooperation are still under discussion.

Kerry Logistics, acquired by SF, is currently the second largest express delivery company in Southeast Asia and has had fierce competition with extreme Rabbit in Thailand, the report said. A person close to SF said that the two sides are expected to have a truce after this cooperation.

As of CTOnews.com, there has been no response from both Ji Rabbit and SF officials.

It is worth mentioning that the intention of cooperation between the two sides has been revealed before. in May this year, Shunfeng Holdings announced that Fengwang Holdings, the company's holding subsidiary, signed an "equity transfer agreement" with Shenzhen Polar Rabbit supply chain Co., Ltd. Fengnet Holdings plans to transfer 100% equity of Shenzhen Fengwang Information Technology Co., Ltd. (referred to as "Fengwang Information") for 1.183 billion yuan.