DCM Ventures has led a US$31.8 million series B round in 51zhaoyou.com, a business-to-business petroleum e-commerce platform. Venture capital firm SIG, GGV Capital, Yunqi Partners, Uber-like truck logistics start-up Huochebang, Sky9 Capital and Chuangban Investment also participated in the round, according to a company announcement. Founded in 2015, 51zhaoyou.com is a B2B petroleum trading platform, offering diesel, gasoline and kerosene. Its business includes petroleum trading services, logistic services and financial services. The company currently has offices in China’s four major …

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