Shansong Express, a Chinese startup that provides intercity courier services, has announced a $50 million series C  led by SIG Asia Investment and Yi Capital, our sister site TechNode Chinese is reporting. Prometheus Capital, a fund backed by Wang Sicong, the son of Chinese billionaire Wang Jianlin, also participated.

Founded in 2014, Shansong (闪送, literally “flash delivery” in English) provides short-distance and same-city logistics services.

Chinese consumers are impatient and speed is crucial to good user experience. Shansong pledges a 60-minutes delivery for orders within five kilometers. After that, its 30 minutes for every other 5 kilometers.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.