Cainiao and 58 Daojia both contributed to the first round closed by the delivery services marketplace since its merger with 58 Suyun last year.
China-based delivery services provider GoGoVan has raised $250m from investors including logistics services provider Cainiao and local services platform 58 Daojia, The Business Times reported today.
Venture capital firm InnoVision Capital led the round, which also featured Hongrun Capital, Qianhai Fund of Funds and the government-backed Russia-China Investment Fund. It represents the first part of an extended fundraising, the company said.
GoGoVan runs an app-based marketplace for delivery services, connecting drivers with clients that need packages delivered. It merged with…
