SIG China has returned to back a series D2 round for the inner-city logistics services provider, which also counts Hearst and Beijing Hualian Group as investors.
China-based last-mile delivery service FlashEx has secured $125m in a series D2 round backed by SIG China, a subsidiary of quantitative trading firm Susquehanna International Group (SIG), DealStreetAsia reported yesterday.
Alpha Square Group, CF Capital, Shunwei Capital, N5 Capital, Tiantu Capital, Oceanpine Capital, Axiom Asia Private Capital and Qianshan Capital also participated in the round.
Also known as Shansong Express, FlashEx provides last-mile delivery services for urban consumers with a guarantee to deliver items within an hour. Its platform has…
