BUSINESS: Round-a-Plus Finance to Build a Leading China - Africa Express Brand
Daily Rendezvous By Ayuba kukorimam Speedaf express, a leading China-Africa integrated logistics service provider, officially announced the completion of its Round A+ financing. This round of financing was led by TRUSTBRIDGE, followed by northern light VENTURE CAPITAL, and VISION+CAPITAL on the basis of Round A. The tens of millions of dollars raised in this round will be mainly used for logistics network expansion in emerging markets, IT system construction and talent team structuring, to build the No.1 brand for China-Africa logistics. Speedaf express was founded in 2019, with ZTO Express as one of the original shareholders. Speedaf express focuses on cross-border door-to-door logistics services between China and emerging markets such as Africa, the Middle East and South Asia, and provides domestic express services, LTL, warehouse and other value-added services covering the whole region. Relying on a self-built service network and information systems, Speedaf e...