Shanghai-based Linqu, a Chinese mobile app offering last mile delivery services for fast-moving consumer goods and food, has completed an undisclosed series B round of financing led by Qiming Venture Partners, according to Chinese media reports.
Existing investor IDG Capital Partners also participated.
The round is reportedly worth US$10 million.
The company completed an undisclosed series A round early 2015.
Founded in March 2014, Linqu says it records 16,000 orders daily with 250,000 registered delivery staff.