Deal focus: Warburg Pincus backs intercity logistics
China's Yunniao wants to do for corporates in intercity delivery what Didi Kuaidi does for individuals in taxi services. Warburg Pincus has led a $100 million round to support expansion
When Yunniao Distribution was created two years ago, Xiaodong He, co-founder and COO of the Chinese start-up, wanted to address the unmet demand for logistics and delivery services that has arisen as shoppers...
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