2019.01.28
The leading less-than-carload logistics platform YIMIDIDA announced its completion of RMB 1.8 billion Series D Financing. m88 sport betting app, as financing legal counsel to YIMIDIDA, represented YIMIDIDA in its Series D Financing and provided whole-set legal services. The financing was led by BOYU CAPITAL, the follow-up investors were HOPU, GLP and SOURCE CODE CAPITAL, HUAXING CAPITAL acted as exclusive financial counsel to the financing. This financing set a record of single financing amount in less-than-carload logistics industry in China, which mirrored the high recognizing of value and potential from top financial investors, industry investors, market and society. Up til now, YIMIDIDA has completed 6 series of financing in 28 months continuously, the financing amount was above RMB 3 billion in total.
As a leadm88 sport betting appg less-than-carload logistics platform, YIMIDIDA was founded m88 sport betting app Shanghai m88 sport betting app 2015, m88 sport betting appitially developed from regional partnership and alliance, now its mam88 sport betting app busm88 sport betting appess is nationwide highway less-than-carload logistics network services. After more than 3 years’ development and member enterprises’ restructure, YIMIDIDA’s busm88 sport betting appess now covers 31 provm88 sport betting appces (24 proprietaries and 7 members), and has access to Hong Kong and Taiwan, existm88 sport betting appg dots are above 12000 and distributm88 sport betting appg dots are nearly 200, its number of mam88 sport betting applm88 sport betting appes, branch lm88 sport betting appes and goods are prior to peers m88 sport betting app Chm88 sport betting appa. YIMIDIDA’s enterprise mission is “To make logistics more m88 sport betting apptelligent and to make the connections more efficient”, it focuses on E-commerce, small-receipt less-than-carload logistics, large-receipt less-than-carload logistics and carload logistics busm88 sport betting appess, and provides complex logistics services of high cost-performance ratio for clients.
m88 sport betting app, acting as whole-process legal counsel to YIMIDIDA, provided legal services including financing deal structure design, reviewing and modifying whole-set deal documents, negotiation with lead investor, follow-up investors and former investors.
It was a complex project in many ways: 1 ) There were multiple financing investors with strong backgrounds, the negotiations, communications and coordinations were difficult, certain issues needed to be negotiated and discussed with the investors separately in order to safeguard YIMIDIDA’s interests to the greatest extent; 2 ) The project timetable was tough, the negotiations, communications, coordinations and subscribing of deal documents with multiple investors and former investors were supposed to be completed in a short period. The m88 sport betting app team communicated, discussed and coordinated on the deal arrangement and deal documents with multiple investors and former investors, in the session of finalization the m88 sport betting app team conducted rounds of negotiations with leading investors, finally assisting YIMIDIDA to complete the project with a rich experience in similar projects and professional, rigorous legal services. m88 sport betting app team’s performance was highly recognized by YIMIDIDA.
The leadm88 sport betting appg partner was Mr.JIANG, Wenjun (Kelvm88 sport betting app).