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Shared shipping box start-up raises hundreds of millions of yuan

COLDSKY.CN – cortp.com, Shanghai-based smart RTP (Returnable Transport Packaging) solution provider, raised hundreds of  millions of yuan in C funding round, led by US-China Green Fund and Lantern Venture, according to 36kr.com.

With an aimtowards “Zero Waste, Zero Loss, and Zero Residual” the company established by Horen Group  offers AVCs (added value containers) and accessories that customers can rent and keep a close eye on the tracking. This is seen as an effective means to reducing waste of disposable shipping boxes.

The start-up said it runs nearly 200 service station across the country, targeting six major sectors – liquid goods, fresh fruits and vegetables, postal express mail, flowers, cold -chain logistics, and auto parts.

 

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