1. Manbang Group $1.7B
Round: Venture
Description: Guiyang-based Manbang Group offers a truck-hailing platform that matches shippers with drivers and fleet operators. Founded by Zhang Hui in 2017, Manbang Group has now raised a total of $3.6B in total equity funding and is backed by investors that include Fidelity, Tencent Holdings, GGV Capital, SoftBank Vision Fund, and Sequoia Capital China.
Investors in the round: Baillie Gifford, Fidelity, GGV Capital, Hillhouse Capital Group, Lightspeed China Partners, Permira, Sequoia Capital China, SoftBank Vision Fund, Tencent Holdings, YF Capital
Industry: Apps, Freight Service, Logistics, Ride Sharing, Transportation
Founders: Zhang Hui
Founding year: 2017
Location: Guiyang
Total equity funding raised: $3.6B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. All our digital content has no cancellation risk due to coronavirus or any other health hazards and engagement has been up 43%. Find out how to run a digital campaign that will return your investment here.
