Founded in 2014, Yunniao Logistics is an early-stage company targeting to become a leading broker of short-haul logistics industry in China, by leveraging an IT-enabled order matching platform between shippers and truckers, and a myriad of value-add-services to these two parties. Yunniao differentiates high quality truckers based on a ranking system, and reduces prices by creating competition amongst these truckers. As a result, shippers are serviced by better quality truckers at a lower price, while high quality truckers can earn more by getting more jobs
Warburg Pincus is a leading global private equity firm focused on thesis-driven growth investing at scale. With more than $54 billion in assets under management, our active portfolio of more than 185 companies is highly diversified by stage, sector and geography. As an experienced partner to outstanding management teams, we help build durable companies with sustainable value. We have raised 19 private equity funds, which have invested more than $83 billion in over 895 companies in more than 40 countries.