Chinese courier firm Quanfeng Express has received funding from Yunfeng Capital, a private equity firm co-founded by Alibaba Group Holding’s Jack Ma, according to information posted on Quanfeng’s website. The funding amounts to “several hundred million RMB,” according to an internal email sent to staff by Quanfeng’s chairman, Chen Jiahai. No other financial details of […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.