Prologis invested in logistics and delivery service Shanghai Yimi Dida in a series D round that will go to R&D and the expansion of its transport options.
China-based supply chain services provider Shanghai Yimi Dida has raised RMB1.8bn ($266m) in series D funding from investors including property developer Prologis, Yicai reported yesterday.
Private equity firms Boyu Capital and Hopu Investments co-led the round, which included venture capital firm Source Code Capital.
The company initially announced the deal through a statement on QQ that stated logistics service provider Global Logistics Properties (GLP), CDH Investments, Cathay Capital, K2VC, Pioneer Investment, CapHill Investments, China Development Bank and Sino-Ocean were among…
