Juma Peisong has collected $216m in series C funding from investors including Global Logistic Properties to accelerate its expansion activities.
China-based urban delivery services provider Juma Peisong has received RMB1.5bn ($216m) in a series C round backed by logistics company Global Logistic Properties (GLP), China Money Network reported today.
Investment firm Sino-Ocean Group also participated in the series C round.
Founded in 2011, Juma Peisong operates an urban delivery service that it offers through 137 offices across 61 cities in China.
The series C funding will support the company’s expansion plans, including a recruitment drive and further product and services…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
