Mobile app Yunmanman set to become Didi of cargo firms

BEIJING - Mobile app Yunmanman, or YMM, is looking to shake up the logistics sector in China by becoming the Didi of cargo companies

In just three years, YMM, owned by Jiangsu Manyun Software Technology Co Ltd, has redefined the land-based logistics scene in China, having connected businesses requiring cargo delivery with 78 percent of the nation's heavy truck drivers in more than 350 cities.

Founded in 2013 by Zhang Hui and around five co-founders including Miao Tianye, the app has reduced average waiting time for cargo drivers from 2.27 days to 0.38 days and facilitates about 240,000 transport deals every day.