Warburg Pincus leads $100m Series D for China’s Yunniao
Warburg Pincus has led a $100 million Series D round for Yunniao Distribution, a platform for sourcing intercity courier services in China, followed by existing investors Matrix Partners and GSR Ventures.
The private equity firm also led Yunniao’s $100 million Series C round in January of last year, alongside Sequoia Capital, Matrix and GSR. Founded in November 2014, Yunniao connects customers with...
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