Chinese truck-hailing firm Manbang nets nearly $1.7b from SoftBank, Sequoia, others

Chinese truck-hailing firm Manbang nets nearly $1.7b from SoftBank, Sequoia, others

Manbang Group

Manbang Group, a Chinese logistics player that provides truck-hailing solutions, announced on Tuesday that it has pocketed $1.7 billion in a funding round co-led by new investor Fidelity and returning backers SoftBank Vision Fund, and Sequoia Capital China.