Greater ChinaPorts and Logistics

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 is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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