Cainiao, SBCVC Lead $29M Round In Chinese Logistic Robot Firm Flashhold

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Alibaba Group Holding Ltd’s global parcel tracking platform Cainiao Network and SB China Venture Capital (SBCVC) have led a RMB200 million (US$29 million) series B round in Flahshold, a Shanghai-based logistic robotics company.

China Money Network

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