Tencent Leads Series A+ Round In Huochebang


Chinese truck dispatch mobile app maker Huochebang has completed series A+ funding round led by Tencent Holdings Limited, according to Chinese media reports.

Hillhouse Capital and DCM also participated.

The funding round is reportedly worth tens of millions RMB, and the company says it will use the proceeds on expanding its network and improve services to truck companies and drivers.

The company reportedly received series A funding led by Zhongding Capital in May.

Last week, Shanghai-based Yunmanman, a similar mobile app matching trucks and users, said it had completed series C round of financing led by Yunfeng Capital.

Caishen.Co - Primary Data for China Secondary Investment and Stock Markets
 
Caishen.Co - Primary Data for China Secondary Investment and Stock Markets

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