"Where To Go" C Round Of Financing Will Be Used To Upgrade Overseas Networks.

China's one-stop international logistics online service platform has announced that it has completed a new round of US $70 million round of C financing. This is also the largest single round of financing in China's shipping technology.

From November 2018 to now, the 3 round of financing has been completed, and has become the C financing company in China's shipping technology field.

The current round of financing is led by Sequoia Capital China fund and Coatue.

It is understood that since 2015 on-line, "shipped to where" has accumulated a total of more than 1 enterprises, the total price of the platform routes more than 150 thousand, a total of 6 rounds of financing, investors include Coatue, DCM, Sequoia Capital China fund, China Merchants venture capital, source capital, Sumitomo Asian capital and so on.

"We hope that through the new digital tools, the traditional and inefficient cross border logistics service will be made as convenient and easy to use as intelligent pmission network, so as to help Chinese enterprises better explore the international market."

Zhou Shihao, the founder of &CEO, said.

It is reported that "where to go" has now connected to ports, shipping companies, warehouses, trailers and other data nodes through the big data system to realize logistics visualization from the starting point to the destination, providing one-stop international logistics integrated services including shipping, air pportation, land pportation, warehousing, customs declaration, insurance and so on.

Enterprises can realize the functions of online quotation, online order and online logistics tracking through the platform of "where to go".

At present, "where to go" has reached strategic cooperation with a number of shipping companies, and has established nearly ten branches in China's main ports and overseas Mexico and other places, and has constructed a pportation and air pportation network from China to the whole world.

Next, "where to go" will also increase cross-border e-commerce logistics, cross-border rail pport and other more services to create a more three-dimensional international multimodal pport network.

After the completion of the current round of financing, "where to go" will upgrade the overseas network and logistics housekeeper system.

In terms of overseas networks, it is expected that this year, landing branches and overseas warehouse resources will be provided in Japan, Vietnam, Thailand, Djibouti and the United States to provide end to end cross-border logistics services.

In the aspect of logistics housekeeping system, in addition to the functions of real-time logistics tracing and pportation risk warning, where to go, we will use AI, big data, cloud computing and other technologies to increase the number of new technologies such as order intelligent fulfillment, pportation route optimization and other new technologies to help enterprises rapidly improve the efficiency of logistics management.

At the same time, "where to go" will also open up the technology capability to the upstream and downstream, and build a digital shipping ecosystem.