GoGoVan raises $250m in fresh funding from Alibaba-backed Cainiao, others

Hong Kong-headquartered last-mile delivery startup GoGoVan on Friday announced that it has raised $250 million in the first phase of an ongoing funding round led by venture capital firm InnoVision Capital.

The round was joined by Alibaba-backed logistics startup Cainiao, Russia-China Investment Fund, Hongrun Capital, Qianhai Fund of Funds and 58 Daojia Group.

Bring stories like this into your inbox every day.

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