China Digest: 58 Suyun to merge with HK's GoGoVan; Fangsiling raises $45m Series E

China Digest: 58 Suyun to merge with HK's GoGoVan; Fangsiling raises $45m Series E

Photographer: Nelson Ching/Bloomberg

Chinese logistics platform 58 Suyun and Hong Kong’s GoGoVan have agreed to merge to form one of Asia’s leading online logistic platforms. In other news, Chinese rent instalment service provider Fangsiling has secured a $45 million Series E funding round led by investment firm Mingdaojinkong.

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