The China-based last-mile food logistics service has completed a series C round featuring SoftBank's local corporate venturing subsidiary, SBCVC.

Yummy Express, a China-based last-mile meal delivery service for online food ordering platforms, has closed a $10m series C round backed by telecommunications and internet group SoftBank.

The round was led by private equity fund ClearVue Partners led the round, while SoftBak invested through SBCVC, its Chinese corporate venturing subsidiary. Yummy Express has not disclosed information regarding earlier funding.

Founded in 2012, Yummy Express provides a “3km, 30 min” delivery service for domestic food ordering companies like Baidu Waimai, and…

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