Announced
Financials
Sources
Tags
Private
Friendly
Venture Capital
Acquisition
Private Equity
Minority
China
Domestic
Third Party Logistics (3PL)
Completed
logistics
trucking
Synopsis
Sino-Ocean and Ningbo Hanrun Investment, the two venture capital firms, led a $153m Series B funding round in Gaolin Capital-backed ZJS Express, a Beijing-based logistics and delivery services operator. With the latest proceeds, ZJS plans to shore up its smart supply chain and deliver better-integrated delivery services for enterprises. Now, ZJS is ramping up efforts to spruce up its capacities in IT infrastructure, supply chain finance, and market expansion.
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