On January 2, 2018, Fuyoukache, an intercity truck logistics company, announced the closure of its RMB150 million (around USD23.1 million) series C+ funding round led by JD Logistics and followed by Legend Capital, Eastern Bell Venture Capital, and Global Logistic Properties.China Taihecap served as exclusive financial advisor in the transaction.

As a freight platform, Fuyoukache provides information services for truck drivers and shippers.

After the series C+ financing, Fuyoukache will introduce goods resources from JD Logistics, improve transport and service standards, clarify user persona and order characteristics, and lift the efficiency of bridging shippers and truck drivers.

Fuyoukache raised 250 million yuan in series C fundraising led by Legend Capital in March 2017, which brought its total fund raised in series C financing to 400 million yuan.

Source: https://kr-asia.com/jd-logistics-invests-in-on-demand-truck-logistics-platform-fuyoukache-who-bets-on-intermediaries-and-cutting-edge-technologies?s=krasia