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Start-ups

Articles about early-stage companies; pre-IPO, including those still being funded by angel investors, private equity or venture capitalists.

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Tiandihui’s online platform matches lorries with cargo in 60 Chinese cities. Photo: Bloomberg

China’s Tiandihui, Italy’s Vailog set up US$728m logistics fund

Shanghai Tiandihui Supply Chain Management, the mainland’s largest online road transport operator, has teamed with Italy’s Vailog that specialises in development and investment of logistic properties, to launch a 5 billion yuan fund (US$728 million) to build 20 logistics hubs across the mainland.