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White Rhino completes 200 million yuan Series B funding, led by SF Express with Linear Capital participating
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White Rhino recently announced the completion of a 200 million yuan Series B funding round, led by SF Express, with continued investment from Linear Capital and participation from Xinyuan Auto. The funds will be used for new product R&D, market promotion, and supply chain optimization. Currently, White Rhino has hundreds of autonomous delivery vehicles in daily active operation within the SF Express network, and partnerships with express delivery customers have helped improve their logistics efficiency by approximately 20-50%. It has already begun commercial operations in more than 50 cities, including Beijing, Shanghai, and Shenzhen.
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