ZTO Cloud Warehouse Technology completed a financing of nearly 200 million yuan.

36Kr learned that Zhongtong Cloud Warehouse Technology recently announced the completion of nearly 200 million yuan in Series A financing. This round of financing was led by CICC Huirong Fund under CICC Capital, with Guotai Junan Innovation Capital participating. The funds raised will be mainly used for the construction of the national digital intelligent warehousing and distribution network, the expansion of overseas warehouse business, and the continuous R & D and upgrading of the full - link technology system.