The Tencent-backed trucking logistics app developer secured funding from International Finance Corporation after raising $35m last year.
International Finance Corporation (IFC), the private sector investment arm of multilateral financial institution World Bank, is set to provide up to $20m for China-based online truck logistics platform HuoCheBang, DealStreetAsia has reported.
HuoCheBang is the developer of a logistics platform that allows truck drivers to connect with cargo shippers so they can find commodities waiting to be transported and locate available spaces to park, reducing the average time taken for them to find work.
The investment is expected…
