Online logistics service platform Yimidida completes near-RMB1b Series D+

Yimidida, an online logistics firm that provides crowd-sourced delivery services in China, has announced the completion of its near-RMB1b Series D+ financing round. The Investors have not been disclosed.

Yimidida, an online logistics firm that provides crowd-sourced delivery services in China, has announced the completion of its near-RMB1b Series D+ financing round. The Investors have not been disclosed.

The proceeds will primarily be used to the development of core tasks such as network restoration, epidemic prevention, and assistance to outlets, to ensure the stable operation of its partners, and to ensure that the entire network smoothly passes through the epidemic period.

Established in 2015, Yimidida is a supply chain management company that provides crowd-sourced delivery services. With the information system as a stepstone, it brings together regional logistics networks and direct operations under its brand, enabling them to receive their orders quickly, no matter what their location.

In the future, Yimidida will focus on the service efficiency of large packages and e-commerce services, accelerate the infrastructure construction and integration of people, vehicles, and yards. It will consolidate the foundation of the network, focus on the actual needs of the outlets to enable the development of its outlets.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/06/online-logistics-service-platform-yimidida-completes-near-rmb1b-series-d/.

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