All-Stars Investment Ltd., an alternative investment firm focused on the Internet and consumer sectors in Greater China, has led a US$56 million series B-3 round in Huochebang, a Uber-like truck logistics start-up. A number of unnamed investors also participated in the round, according to a company announcement. The round brings Huochebang’s series B funding round to a total of US$327 million. Three months ago, the start-up raised a US$156 million series B-2 round from Baidu Capital and All-Stars. Last December, it also received a US$115 million series B-1 round from International Finance Corp, All-Stars, Tencent Holdings Ltd., DCM and Genesis Capital. “Huochebang is the only unicorn in the ‘Internet Plus’ logistics sector, and has build a high barrier,” said Richard Ji, co-founder and chief investment officer at All-Stars. “We are optimistic about the future of Huochebang.” In 2016, the total value of external logistics goods in China reached RMB229 trillion (US$34 trillion), up 6.1% year-on-year. The total cost of external logistics accounts for 14.9% of the country’s GDP, down 1.1 percentage point year-on-year, according to the National Development and Reform Commission. Huochebang is currently the largest online logistics platform in China in terms of the number of users, covering 0.133% …