Chinese online truck logistics platform raises $170m
Fuyoukache, a Chinese online truck logistics platform, has raised $170 million in a Series D round led by a Bank of China investment unit and Matrix Partners China. Prospect Avenue Capital also participated.
Founded in 2013, the company connects logistics companies with third-party transportation service providers. It claims to have received in excess of 20,000 in average weekly orders over the past four years....
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