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Fuyoukache has raised USD170 million in Series D funding

2018-12-17

Fuyoukache, a Chinese online truck logistics services provider, announced that it has secured a US$170 million series D round of financing led by Matrix Partners China and Bank Of China Group Investment Limited, a wholly-owned investment arm of Bank of China. China Taihecap continued serve as exclusive financial advisor.

Launched in March 2015, the online platform of Fuyoukache provides long distance truck logistics services to enterprises, individuals and large third-party logistics companies. The platform helps connect truck drivers with those in need of logistic services, covering 31 provinces in China through partnership with over 30 logistics companies including Deppon Logistics Co., Ltd, S.F. Express, and ZJS Express.

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