China’s logistics provider Shansong Express raises $60m in Series D1 round

A man offering his services as a road guide stands outside of a logistics park in Chengdu, China, on Tuesday, April 11, 2017. Photographer: Qilai Shen/Bloomberg

Venture capital firms N5 Capital, V Star Capital and Shihaisong Capital have led a $60 million series D1 round in Shansong Express, a Beijing-based startup providing short-distance and same-city logistics services, the China Money Network reported.

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