Quanfeng Express hits private investment road
By He Wei in Shanghai | China Daily | Updated: 2013-02-07 07:36
Courier's funding set to pave way for industry's first IPO, analysts say
Quanfeng Express, a Chinese courier that started operations in July 2011, has attracted investment interest from private equity companies to raise margins and enlarge market share.
The funding is likely to pave the way for the first initial public offering in the industry, analysts say.
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