Sequoia, CDH, Yunfeng back China's ZTO Freight
Sequoia Capital China, CDH Investments, and Yunfeng Capital have provided more than $100 million in Series A funding to ZTO Freight, an affiliate of US-listed Chinese delivery company ZTO Express.
ZTO Freight specializes in less-than-truckload (LTL) logistics, typically carrying packages of 10-300 kilograms. It provides an end-to-end service covering collection, packaging, insurance, delivery, and...
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