Yun Qu Na secures $15m financing from China Merchants

Yun Qu Na secures $15m financing from China Merchants

Chinese online logistics platform Yun Qu Na has secured financing of RMB100m ($15m) from China Merchants Innovation Investment Management Company, an affiliate investment company of China Merchants Group.

This is the second financing Yun Qu Na has secured this year after receiving RMB50m from three domestic private equity firms in June.

In August, Yun Qu Na signed a strategic agreement with CMA CGM to jointly develop online booking services after it announced collaboration with Maersk in February.

“Through China Merchants’ extensive network in port and shipping, we could better integrate our resources and data in both domestic and international ports, and offer more one-stop logistics services to our clients,” said Zhou Shihao, CEO of Yun Qu Na.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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