Chinese logistics firm ZTO Freight nets over $300m in Series B round

Chinese logistics firm ZTO Freight nets over $300m in Series B round

Source: ZTO Express

ZTO Freight, a less-than-truckload logistics unit owned by Chinese delivery group ZTO Express, has secured over $300 million in a Series B round of financing to cement its market position as e-commerce in China is poised to grow further in the following years.

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