Fuyoukache operates a freight O2O platform for intercity trucking that routes orders through established transport intermediaries instead of directly matching shippers with unfamiliar drivers. The company supplies agents, drivers and shippers with order information, standardized service protocols, credit guarantees and dispute resolution, overseeing the entire transport chain. Its anonymous bidding engine analyzes historical prices, vehicle type, route, cargo category, seasonality and market supply-demand to generate auto-quotes that are reportedly 90% aligned with actual market rates. Leveraging intermediaries lowers its credit-guarantee costs and taps into their existing shipper and driver relationships. After the latest investment from JD Logistics, Fuyoukache plans to integrate JD’s freight volumes, refine user personas and improve matching efficiency. Across its Series C and Series C+ tranches, the company has raised a cumulative ¥400 million (approximately US$61 million).

Total raised

$21M

Funding rounds

1

Latest round

Series C

Latest activity

Jan 2018