Temasek leads $50m funding in Chinese container truck fleet operator Duckbill

Photo: Duckbill

Singapore state investor Temasek Holdings Limited has led a $50 million new funding in the Shanghai-based container truck fleet operator Duckbill Inc, according to a company statement on Tuesday.

The fresh funding, which the company claims is the largest single fundraising in the industry in China, brings the total corpus raised by Duckbill to nearly $100 million.

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