Baidu Capital leads $156m round for China’s Huochebang
Baidu Capital, a VC firm backed by Chinese search engine Baidu, has led the $156 million second tranche of a Series B round for Huochebang, a Chinese B2B-focused online truck logistics platform.
All-Stars Investment – which co-led a $115 million initial Series B round in December of last year in conjunction with the International Finance Corporation (IFC) – and other existing investors have...
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