China-based logistics and supply chain management company Best Logistics Technologies has completed a US$760 million funding round led by China-focused private equity firm CITIC Private Equity and Everbright Financial Holding Asset Management. Other new investors in the round included: Cainiao Network Technology, China Development Bank International, Bank of China International-controlled CITP Advisors, Fosun International, SBCVC, Huarong International Financial and Liyue Investment, as well as International Finance Corporation (which contributed US$30 million to the round) and CDIB Capital (which contributed US$45 million). Existing shareholders Alibaba, China Renaissance Capital Investment (CRCI), IDG Capital Partners, Foxconn Technology, Goldman Sachs, Walden International, CDH Investments, The Hina Group and GSI Investment also participated.