China trucking platform Manbang raises $1.7b
Manbang Group, China's so-called "Uber for trucks" that matches shippers with drivers and fleet operators, has raised a $1.7 billion round led by SoftBank Vision Fund, Sequoia Capital China, Permira and Fidelity.
Existing investors Hillhouse Capital, GGV Capital, Lightspeed Capital Partners, Yunfeng Capital, Xiang He Capital, Baillie Gifford, All-Stars Investment, CMC Capital Group, and Tencent Holdings re-upped....
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