China trucking fleet platform Duckbill raises $49m
China’s Duckbill, a fleet management platform for the trucking industry, has raised CNY 330m (USD 49m) in a Series C round led by CICC Capital.
CICC is investing via the Suzhou CICC SAIC Emerging Industry Equity Investment Fund, which was set up last year with the private equity arm of SAIC Motor. Existing investors Future Capital, Shunwei Capital...
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