GLP joins $216m funding round for Chinese logistics service provider
Chengdu-based logistic service provider Juma Peisong has raised RMB1.5 billion ($216 million ) in a Series C round of funding with participation by a number of institutional investors including existing backers Global Logistic Properties (GLP) and Sino-Ocean Group.
GLP, a private equity-owned warehouse operator based in Singapore that has been expanding its footprint in Asia, backed the company's Series A round in 2016, and was later joined by China's New Hope...
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