Banma Network Technology is an independent startup and its main business is the Intelligent and Connected Vehicle Fund, which was initiated by Alibaba Group and SAIC Motor in 2015.
Banma, founded in November, 2015 and headquartered in Shanghai, is a smart travel APP. Established by Shi Xuesong, the company has received financings from SDIC Innovation Investment, Yunfeng Fund, SAIC Ventures and so on. Rivals that have direct and indirect competition with Banma globally include Applo, TAI, etc.
Financing and Investment Activities in China's Mobility Industry From 2012 to 2022
CS Smart Completes Series B Financing to Boost Global Expansion of Logistic EVs
With a clear vision, substantial funding, and a team of committed industry players, CS Smart is poised to make an impact on the future of global logistics. The company's unwavering commitment to innovation and cost-effective solutions paves the way for a greener, more efficient, and digitally connected logistics future
Oct 31, 2023 03:19 PM
Banma Completes Strategic Reorganization and Will Start Next Round Financing
Alibaba-backed connected car company Banma, an open platform for Intelligent and Connected Vehicle based on the operating system AliOS, continues to strengthen its intelligent vehicle operating system and AI R&D.
May 12, 2020 11:02 AM