Logistics company GoGoVan has extended its Renren-backed series B by $10m, doubling the funding raised in the round.
China-based moving service GoGoVan has extended its series B round, backed by social network Renren, by a $10m second tranche featuring Renren’s CEO Yizhou Chen, Tech in Asia reported earlier today.
The extension was led by Hu Zemin, former chief executive of Android app store 91 Wireless, which was acquired by search engine operator Baidu in 2013. The second tranche boosts the series B round to $20m in total.
Founded in 2013, GoGoVan provides a smartphone app through which users…