Shanghai-based NewEase China, a warehousing and logistics platform, has received US$800 million equity investment from US private equity firm Warburg Pincus. Founded in 2018, NewEase China is an investor and operator of hubs and platforms for urban logistics infrastructure. It provides one-stop operation by focusing its investment in airport hubs and neighboring city facilities. The company is planning to realize the layout of 10 million square meters of logistics facilities in the country in next three years.