Hong Kong-based on-demand delivery startup GoGoVan raises $250M in first phase of a new round from InnoVision Capital, Alibaba's logistics arm Cainiao, others (Karen Yeung/South China Morning Post)

Karen Yeung / South China Morning Post:
Hong Kong-based on-demand delivery startup GoGoVan raises $250M in first phase of a new round from InnoVision Capital, Alibaba's logistics arm Cainiao, others  —  GoGoVan, Hong Kong's first billion-dollar “unicorn” start-up, said it has raised US$250 million in the first phase of its new round of funding, led by InnoVision Capital.

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