China gas station location platform Newlink raises $100m
Newlink Group, operator of a platform that helps drivers in China locate the best value gas stations, has raised $100 million in funding led by CMB International. Other investors include Hongtai Capital, Joy Capital and Nio Capital.
This follows a RMB900 million ($128 million) Series D in July of last year led by China Capital Investment Group. The company closed two rounds in 2019: a RMB450 million Series B led by China’s National...
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