Chinese digital logistics platform YunQuNa secures $70m cash injection

Digital logistics platform YunQuNa has secured a new round of $70m financing from Sequoia Capital China, New York-based technology hedge fund Coatue and Beijing-based venture capital Source Code Capital.
The investment is the single largest investment that a Chinese shipping technology firm has ever secured.
YunQuNa was launched in February 2015 and offers a one-stop logistics service, integrating air and ocean freight forwarding, customs clearance, trucking, warehousing, and distribution services.
Since its inception, YunQuNa has formed strategic partnerships with major ocean carriers including Cosco, Maersk, CMA CGM and Hamburg Süd.
The company said it would focus on the development of its overseas network following the completion of the new financing.
“We expect to use innovative digital tools to empower the traditional redundant and inefficient cross-border logistics service, helping Chinese enterprises better explore the overseas market by transferring the traditional network into something as convenient as a smart grid,” said Zhou Shihao, founder and CEO of YunQuNa.

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AAC Cargo is an international Freight Forwarding company, based in Dubai, with a reputation for providing outstanding quality that continues to secure a loyal customer base. The Company has developed a strong, young management team, which together with the founding Directors are committed to working within established quality procedures to provide each customer with the most reliable personalized service and dedicated to the continuous development of both our people and our services.
We pride ourselves on providing a flexible and innovative approach to achieving solutions for our customers, helping them in turn to meet the increasing demands of their customers. Our greatest asset is our people. We are committed to giving them the necessary training and tools, including cutting-edge technology, to provide the highest level of customer attention in the transportation logistics industry.
We are a team of highly experienced professionals who served the shipping and transportation industry with dedication and distinction for a very long time. Our long experience helped us to develop very strong relationships with the Exporters, Importers, various Government organizations like Port Authorities, Customs, Chambers, Free Zone Authorities, etc. We leverage this enormous network for the benefit of our customers to provide the finest international transportation and logistics services.
We offer a complete range of logistic solutions at competitive prices, personalized customer service and a worldwide network of offices and affiliates among others. Our advanced and value added services together with our high ethical standards helps us gain the respect and appreciation of our customers. Our ability to create customized solutions in specialized areas such as industrial logistics and other critical areas of multimodal transportation is the result of our pragmatic approach.
AAC CARGO L.L.C, Dubai, U.A.E
www.aaccargo.com/en
Tel: +971 4 8880718
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International Cargo and LogisticsServices
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Air Freight, Sea Freight, Express Cargo, Courier Express, International Movers, Boat Relocation, Car Shipping, Parcel, Project cargo, Fine Arts cargo.

Air Freight, Sea Freight, Courier Express, International Movers, Boat Relocation, Car Shipping

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