The Sumitomo-backed logistics marketplace operator was reportedly valued at over $1bn in a round that included Source Code Capital.
YunQuNa, a China-based logistics services platform provider that counts conglomerate Sumitomo as an investor, has completed a $100m series D1 round at a valuation of over $1bn, DealStreetAsia reported yesterday.
The participants in the round were not disclosed, through venture capital firm Source Code Capital reportedly said it has backed the company’s series A, B, C and D rounds.
Founded in 2014, YunQuNa provides an online marketplace used by businesses to select and book freight shipping services. It claims its…
