Ant Financial Leads $102M Round In China’s Transport Info Service Provider TransWiseway

TransWiseway, a Chinese firm that develops transportation information service systems and applications for traffic monitoring projects, has secured a RMB700 million (US$102.16 million) series A round of financing led by Alibaba Group’s fintech affiliate Ant Financial. An Internet of Vehicles (IoV) focused industry development fund, set up by the country’s intelligent transportation systems provider China […]

Ant Financial Leads $102M Round In China’s Transport Info Service Provider TransWiseway appeared first on China Money Network.

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