Freight O2O drops struggle to upgrade goods Lala $10 million C round of financing

Abstract: freight O2O platform cargo announced yesterday that it has completed the third round of $10 million financing. In the competition for "Freight drops", by the hot pursuit of capital has gradually turned cautious and see cloud bird distribution compared with similar goods Lara platform at the beginning of this year to obtain Hua Ping investment group led a $100 million C round of financing.

 

investment community news June 1st freight O2O yesterday announced that it has completed the goods platform Lara $10 million third round of financing, mainly by the concept of capital investment led, clean capital, at the beginning of the venture, Asia Plus with the cast.

goods Lala said that this round of financing will be mainly used for the business of the Chinese mainland, the end of the year plans to open the city in the mainland to expand to 50 and strive to achieve profitability.

goods Lala from Hongkong, is a network of Guangzhou crown crown Network Technology Co., Ltd., a pair of mobile phones and truck drivers. The goods is in the van Lara group members, with the van was created in Hongkong, with the "star driver, 30 seconds, 5 minutes call" matching vehicle, as the main characteristics. The goods Lara founder and CEO Zhou Shengfu is Hongkong ten excellent examination champion, Stanford University Department of economics graduate, he founded in the van at the end of 2013 (EasyVan), at the beginning of the establishment of the main freight market docking Hongkong market, mobile phone platform, to provide logistics and transportation services for users, in 2014 changed its name to brand goods Lara and formally enter the mainland market. According to public information, as of May 2016, the goods have been opened in mainland China 17 cities, registered users has exceeded 2 million, the platform active drivers up to 200 thousand.

according to relevant data, respectively, have been two rounds of financing, before the goods in Lara: January 2015 received $10 million in the first round of financing, a clean capital lead investor, MindWorks Ventures, Sirius geeks help, Venture Capital, Aria Group and other individual investors with Senate vote; in September 2015 the goods Lara again announces $10 million B round of financing, lead cast party is MindWorks Ventures, clean capital, Taiwan incubator AppWorks and other individual investors voted.

last year experienced a capital intensive entry, O2O freight market is "burning" and "subsidy" in baptism times, for "Freight drops", by the hot pursuit of capital has gradually turned cautious and wait. The bird distribution compared with the cloud platform similar to the Lara goods at the beginning of this year to obtain Hua Ping investment group led a $100 million C round of financing in 2015, cloud bird also completed the distribution by latitude and longitude Chinese, Jinsha River, grand capital jointly invested $10 million A round of financing and by the lead investor Sequoia Capital, A round investors all with the investment of tens of millions of dollars B round of financing.

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