Exclusive: IFC to invest $20m in Chinese logistics platform HuoCheBang

Exclusive: IFC to invest $20m in Chinese logistics platform HuoCheBang

U.S. 100 dollar banknotes and Chinese 100 yuan banknotes are seen in this picture illustration in Beijing, China, January 21, 2016. REUTERS/Jason Lee

International Finance Corporation (IFC), the private lending arm of the World Bank, is looking to make an equity investment of up to $20 million in HuoCheBang, a China-based online truck logistics B2B platform.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter