Tencent-backed G7, Alibaba-backed E6 merge to create freight-tech giant

Tencent-backed G7, Alibaba-backed E6 merge to create freight-tech giant

G7 founder and CEO Xuehun Zhai (PRNewsfoto/G7)

Tencent-backed fleet management firm G7 Connect has merged with its smaller competitor E6 Technology, which counts a subsidiary of Alibaba Group as an investor, to create a technology solutions behemoth that is set to disrupt one of the world’s largest road cargo markets.

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