With more than 120,000 users participating on the merely week-old site, YunQuNa.com seems to have tapped into a much-needed service. YunQuNa.com, based in China, launched operations with intentions of digitizing and streamlining freight forwarding processes.
The new service offers freight shipping rate quotes, booking, shipment tracking and online shipping payment services in China for freight forwarders and shippers doing business with Chinese buyers. It’s a site that instantly connects players in an often marginalized and complicated B2B industry, reports say.
While YunQuNa.com is currently only available for Chinese speakers, the company is reportedly planning a launch for international importers that buy freight from Chinese suppliers. Reports say the international service will connect buyers to ground, sea and air freight suppliers.
The freight supplier site isn’t the only B2B venture YunQuNa.com announced. Reports say the company also launched a partnership with ribre2fashion.com, a B2B e-commerce platform servicing the fashion, textile and apparel industries. While YunQuNa will offer logistics and export services for fibre2fashion.com, the companies did not elaborate further.
YunQuNa’s latest offering is a step forward for B2B services in China. The nation reported ballooning e-commerce numbers, with $2 trillion worth of online B2B and B2C transactions occurring in 2014, up 25 percent from the year prior. The digital marketplace is expanding, but prominent venture capitalist Hurst Lin spoke with reporters last November and declared that it is just too soon for significant investment in China’s B2B space.
