Hong Kong’s GoGoVan raises $250M from investors including Alibaba’s logistics subsidiary
https://techcrunch.com/2018/07/16/gogovan-raises-250m/
Logistics on-demand service GoGoVan became Hong Kong’s first billion-dollar startup via a merger last year, and now is doubling down on growth after raising $250 million in new capital.
The new round was led by InnoVision Capital, with participation from the Russia-China Investment Fund, Hongrun Capital and Qianhai Fund of Funds. Two other notable investors include Alibaba’s Cainiao logistics subsidiary — Alibaba is already an investor via its Hong Kong entrepreneurship fund — and 58 Daojia Group, the parent of the ’58 Suyun’ business that merged with GoGoVan.
Hong Kong’s GoGoVan raises $250M from investors including Alibaba’s logistics subsidiary
Jul 16, 2018, 11:15am UTC
https://techcrunch.com/2018/07/16/gogovan-raises-250m/
> Logistics on-demand service GoGoVan became Hong Kong’s first billion-dollar startup via a merger last year, and now is doubling down on growth after raising $250 million in new capital.
> The new round was led by InnoVision Capital, with participation from the Russia-China Investment Fund, Hongrun Capital and Qianhai Fund of Funds. Two other notable investors include Alibaba’s Cainiao logistics subsidiary — Alibaba is already an investor via its Hong Kong entrepreneurship fund — and 58 Daojia Group, the parent of the ’58 Suyun’ business that merged with GoGoVan.