Worldwide Logistics Group announced that it has received CNY 1,700,000,000 in a round of funding co-led by new investors Zhejiang Cainiao Supply Chain Management Co., Ltd and COSCO SHIPPING International (Hong Kong) Co., Ltd. on October 18, 2021. The transaction included participation from returning investors Shanghai Yunqi Investment Management Co., Ltd. and Sinovation Ventures (Beijing) Enterprise Management Limited.