Baidu Capital leads fundraising in Chinese start-up offering Uber type truck service
Huochebang will use fund to strengthen platform and expand truck service business
Guiyang Huochebang Technology, also known as Truck Alliance, has raised USD156 million in series B-2 funding, China Daily reported today (3 May). The latest round of fundraising by Huochebang, which offers Uber-type service for trucks, was led by Baidu Capital, the investment arm of Chinese search engine Baidu.
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