ANE Logistics Completes Round F in Pre-IPO Financing
ANE Logistics has received a $300 million pre-IPO round of F financing backed by centurium capital.
The less than truckload (LTL) franchise company said it will use the new capital to improve its operating efficiency and expand its market share.
Founded in 2010, ANE Logistics grew to ship an average daily volume of 40,000 tons as of December 2019. It has more than 20,000 outlets and stores in China.
ANE had completed six rounds of financing and is anticipated to pursue an initial public offering.