(Yicai Global) Nov. 1 -- International logistics online service platform YuanQuNa.com under Shanghai Huihang Jiexun Network Technology Co. has secured USD15.15 million (CNY100 million) in a new round of funding, invested by China Merchants Group Ltd. subsidiary China Merchants Capital Investment Co.
China Merchants Group's advantage in ports will enable the platform to more quickly integrate domestic and foreign port resources and effectively consolidate port data and provide door-to-door one-stop international logistics services in more countries for foreign trade enterprises, said YuanQuNa.com founder and chief executive Zhou Shihao, as financial information portal website cngold.orgreported.
Founded in Feb. 2015, QuQuNa.com provides one-stop international logistics services including full container load (FCL), less than container load (LCL), air transport, customs clearance, trailers, warehousing and insurance for Chinese foreign trade enterprises. Combining the internet with traditional international logistics enables foreign trade enterprises to quickly track the latest freight data and online booking logistics services and, via an SaaS (Software as a Service) logistics management system, allows monitoring of logistics progress and logistics order management to effectively lower international logistics costs while raising the efficiency of international logistics management of foreign trade enterprises.
YunQuNa's paid users exceeded 4,000 by the middle of last month and its revenue this year is expected to reach USD150 million (CNY1 billion).