Gaw Capital Partners has reached an agreement with Manbang Group to form a smart logistics properties joint venture platform to innovate and develop smart logistics properties and facilities across China.
Manbang Group was the result of a merger of two leading domestic truck-matching platforms, Huochebang and Yunmanman, in 2017 and has become one of the top unicorn companies in the Chinese logistics industry. The group has committed to creating a one-stop logistics portal and full-chain closed-loop service. It provides freight services to match truck drivers with shippers online through its mobile app platform, which has transformed and optimized the highly segmented Chinese market, realizing its strong dual-end scale and network benefits. Manbang Group also has extended its business services to finance, energy, insurance and truck sales, etc. Currently, Manbang Group has more than 5 million certified cargo owners and 9 million certified truck drivers, contributing to
