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AVCJ
  • Greater China

GLP joins $216m funding round for Chinese logistics service provider

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  • Jane Li
  • 27 November 2018
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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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