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3 May 2017

Huochebang loads up another $156m

Baidu Capital, which has just appointed a CEO, has co-led the logistics platform's series B-2 round, adding to a $115m tranche co-led by Tencent in December.

Author: Robert Lavine, News Editor

Baidu Capital, the corporate venturing arm of internet company Baidu, has co-led a $156m series B-2 round for China-based logistics platform Huochebang, China Money Network reported yesterday.