YunQuNa

About YunQuNa

YunQuNa, founded in 2015 by CEO Zhou Shihao, operates as a comprehensive online platform for international logistics services. Headquartered in Shanghai, China, the company aims to digitize and simplify the traditionally complex processes of global shipping. It serves a diverse clientele, ranging from small and medium-sized enterprises to large multinational corporations, by connecting them with a network of logistics service providers. The business model combines transaction-based service fees for each booking on the platform with charges for premium services, such as customized logistics solutions and advanced analytics.

The platform provides an end-to-end solution covering various logistics needs, including sea freight (both full container load and less-than-container-load), air transport, trailer services, customs clearance, warehouse loading, and cargo insurance. Shippers can get real-time price quotes, book shipments, and track their cargo online, which increases transparency and efficiency. By leveraging technologies like big data and blockchain, YunQuNa offers features such as visualized supply chain tracking, automated alerts for shipping milestones, and data-driven analytics to help clients make informed decisions. The company has formed partnerships with major shipping lines like Maersk and COSCO Shipping to ensure capacity and service quality.

Since its inception, YunQuNa has achieved significant growth, underscored by several successful funding rounds. The company secured a Series C of $70 million in mid-2019 and a Series D1 round totaling $150 million by June 2021, reportedly reaching a valuation of over $1 billion. These investments have fueled its global expansion, with established branches in the United States, Mexico, Brazil, Japan, and Thailand, and plans to further extend its network. The company's strategy involves not only expanding its geographic footprint but also enhancing its technological capabilities to potentially offer services like demand forecasting for logistics suppliers and advance booking for cargo owners.