Temasek leads $50m funding in Chinese container truck fleet operator Duckbill
Temasek leads $50m funding in Chinese container truck fleet operator Duckbill Photo: Duckbill March 17, 2021 Singapore state investor Temasek Holdings Limited has led a $50 million new funding in the Shanghai-based container truck fleet operator Duckbill Inc, according to a company statement on Tuesday. The fresh funding, which the company claims is the largest single fundraising in the industry in China, brings the total corpus raised by Duckbill to nearly $100 million. The latest round was joined by Pavilion Capital, a Singapore-based, growth-stage venture investor that targets companies in...