China truck logistics players Huochebang, Yunmanman agree merger
Rival Chinese online truck logistics platforms Huochebang and Yunmanman – both of which have received substantial private equity and venture funding – have agreed to merge.
Gang Wang, a backer of Yunmanman and an angel investor in Chinese ride-hailing platform Didi Chuxing, will become the chairman and CEO of the combined company. Hui Zhang and Peng Luo, the CEOs of Yunmanman...
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