The JD Logistics and GLP-backed trucking services platform secured the funding in a round co-led by Bank Of China Group Investment and Matrix Partners China.
Fuyoukache, the China-based trucking services marketplace backed by e-commerce firm JD.com and logistics provider Global Logistic Properties (GLP), has raised $170m in series D funding, China Money Network reported today.
The round was co-led by Bank Of China Group Investment, a subsidiary of financial services group Bank of China, and venture capital firm Matrix Partners China, according to a statement on Fuyoukache’s WeChat account.
Fuyoukache connects truck drivers with businesses, individuals or third-party logistics providers that need packages delivered, the…
