On February 22nd, the 65438+ Internet plus logistics enterprise "Cargo Lala" announced the completion of 5150,000 USD Series E financing, which was led by Sequoia Capital China, followed by Gao Yan Capital, Shunwei Capital and other old shareholders.

This round of financing will be used to expand the business in the sinking market and continue to exert its strength in diversified business layout and intelligent logistics. It is understood that this is the seventh financing of cargo Lala.

For the purpose of this financing, Zhou, founder and CEO of Cargo Lala, said, "The market expansion, especially the business sinking to the fourth-and fifth-tier cities, will continue to accelerate. We are convinced that the transformation of China freight industry by mobile Internet is far from over; At the same time, cargo Lala will adhere to the exploration and innovation in the logistics chain, support the in-depth development of multi-business categories, and continue to invest in the intelligence of logistics. "

This article comes from car home, the author of the car manufacturer, and does not represent car home's position.