Ex-JPMorgan executive, Hong Kong entrepreneurs launch GenAI-powered logistics platform

Quick Summary:

NEXX uses GenAI and LLMs to help warehouses reduce costs and improve efficiency.

The start-up’s vision of using GenAI and LLMs to transform the logistics sector has been embraced by the market, according to co-founder Houston Huang, the former CEO of JPMorgan’s securities business in China.“The logistics market’s scale and fragmentation present limitless opportunities,” Huang said.“Our ambitions extend beyond the domestic market, we are also looking internationally.“I firmly believe that NEXX will revolutionise the industry, just like electric vehicle maker Tesla revolutionised the auto industry.

Its goal is to provide flexible, cost-effective and scalable inventory storage solutions.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Peggy Sito

Category: Business

Markets: Hong KongChina

Topics: Logistics Nexx Kong Industry Hong Market Huang Electric Technology Company Using

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-02 @ 12:30:08 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 200 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 25712961

View Article Analysis

About SCMP

Main Topics: Business

Official Website: scmp.com

Update Frequency: 4 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 3 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

Frequently Asked Questions