Juma Group completed it's seventh round of funding in three years on Monday, ramping up efforts to lead a revolution in Chinese trucking with the aid of high-profile shareholders Global Logistic Properties GLP and SinoOcean Capital.
The Chinese lorry logistics company raised a further Rmb1.5 billion $216 million through the Series C round of fundraising as it looks to develop alternative energy truck services, hook up to autonomous driving technology, and expand its logistics network nationally.
GLP took part, having previously joined a $64.8 million B round investment in May 2017, as did SinoOcean, the investment arm of property...
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