BEIJING -- Chinese logistics company Lalamove has raised $1.3 billion in two transactions during a series F round led by earlier investor Hillhouse Capital.
The company is expected to rake in another $200 million in another deal, 36Kr has reported.
36Kr/KrASIA
Chinese logistics Lalamove valued at $10bn after fresh funding
Round shows investors warming to domestic inland shippers
Demand for shipping is skyrocketing in China among both individuals and corporations. © Reuters
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