Industry Newsroom

Fidelity, SoftBank, and Sequoia Lead USD1.7b Investment in Chinese Truck-Hailing Solutions Provider Manbang

Fidelity International, SoftBank Vision Fund, and Sequoia Capital China led a USD1.7b investment in Manbang Group, a logistics firm specializing in truck-hailing solutions. Hillhouse Capital, GGV Capital, YF Capital, Tencent, Baillie Gifford, Lightspeed China Partners, All-Stars Investment, Xiang He Capital, and CMC re-upped. Read more