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SoftBank Leads USD 1.9 Bln Funding of Truck-hailing Firm Manbang

Sina Tech, 4/24/18

Chinese truck-hailing company Manbang Group announced today the completion of the first round of funding since its creation through a merger of trucking logistics service companies Huochebang and Yunmanman. Read More

Rumor: Tencent Leads RMB 1 Bln Investment in Electric Vehicle Maker NIO

Tencent Tech, 11/08/17

Shanghai-based Weilai Automobile, operator of new energy vehicle brand NIO (formerly NextEV), has reportedly raised over USD 1 bln in new funding led by Chinese internet and mobile services firm Tencent (0700.HK). Read More