China Digest: COSCO Shipping fund backs Gunlei; BusinessBigData raises $18.8m

China Digest: COSCO Shipping fund backs Gunlei; BusinessBigData raises $18.8m

A sign COSCO is seen behind tree branches atop of the company's headquarters in Beijing November 8, 2013. REUTERS/Barry Huang

One-stop logistics major Gunlei has closed a $78-million investment from COSCO Shipping’s logistics fund while big data supplier BusinessBigData has raised a $18.8 million Series C round from Smallville Capital.

Bring stories like this into your inbox every day.

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