{"id":10276,"date":"2018-04-30T12:34:39","date_gmt":"2018-04-30T09:34:39","guid":{"rendered":"https:\/\/tirport.com\/genie-trucks-for-uber-known-huochebang-1-9-billion-usd-invested\/"},"modified":"2023-02-21T20:03:56","modified_gmt":"2023-02-21T17:03:56","slug":"genie-trucks-for-uber-known-huochebang-1-9-billion-usd-invested","status":"publish","type":"post","link":"https:\/\/tirport.com\/en\/genie-trucks-for-uber-known-huochebang-1-9-billion-usd-invested\/","title":{"rendered":"Known as China&#8217;s &#8220;UBER for Trucks&#8221;, Huochebang Receives 1.9 Billion USD Investment"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/tirport.com\/wp-content\/uploads\/2018\/04\/Cin-in-Kamyonlar-icin-UBERi-Olarak-Bilinen-Huochebang-1-9-Milyar-USD-Yatirim-Aldi.webp\" alt=\"Known as China's &quot;UBER for Trucks&quot;, Huochebang Receives 1.9 Billion USD Investment\"\/><\/figure>\n\n<p class=\"wp-block-paragraph\">Developing China&#8217;s UBER-like mobile application in logistics <strong>, Full Truck Alliance Group received an investment of 1.9 Billion USD<\/strong> .<\/p>\n\n<p class=\"wp-block-paragraph\">The total amount of funds provided by the community, which includes investors such as <strong>SoftBank Vision Fund, China Reform Fund, GSR Ventures<\/strong> and <strong>CapitalG<\/strong> , reached <strong>$6.5 billion<\/strong> . Existing investors, <strong>Tencent Holdings Ltd.<\/strong> and <strong>Sequoia Capital<\/strong> also contributed to the new investment round. <strong>GSR Ventures<\/strong> has confirmed that the investment has taken place.<\/p>\n\n<p class=\"wp-block-paragraph\"><strong>The Full Truck Alliance<\/strong> company was formed when <strong>Huochebang<\/strong> and <strong>Yunmanman<\/strong> came together in November. Today, the company is led by <strong>Wang Gang<\/strong> , an angel investor in the transportation network company <strong>Didi Xhuxing<\/strong> . The company is trying to bring the multi-part transportation industry, which is worth <strong>5 Trillion Yuan (792 Billion USD)<\/strong> in China, into the smartphone era.<\/p>\n\n<p class=\"wp-block-paragraph\"><strong>Source:<\/strong> <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-04-24\/china-s-uber-for-trucks-is-said-to-raise-1-9-billion-in-funding\" target=\"_blank\" rel=\"noopener\">Bloomberg<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Developing China&#8217;s UBER-like mobile application in logistics , Full Truck Alliance Group received an investment of 1.9 Billion USD . The total amount of funds provided by the community, which includes investors such as SoftBank Vision Fund, China Reform Fund, GSR Ventures and CapitalG , reached $6.5 billion . Existing investors, Tencent Holdings Ltd. and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6082,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","footnotes":""},"categories":[86],"tags":[],"class_list":["post-10276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/posts\/10276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/comments?post=10276"}],"version-history":[{"count":0,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/posts\/10276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/media\/6082"}],"wp:attachment":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/media?parent=10276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/categories?post=10276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/tags?post=10276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}