Shequ001, a Chinese e-commerce site that specialises in rapid delivery, has secured Series B investment from Banyan Capital. This financing followed a nine-digit yuan Series A investment six month earlier and the company’s angel round was received from Haiyin Venture Partners and ZJ Capital in October 2013. Operating on a community basis, Shequ001 helps supermarket partners to deliver merchandise to consumers, getting goods to the door usually in around one hour. Instead of managing merchandise itself, Shequ001 leverages resources of local partners and assists them with an in-house delivery team. Shequ001 is constructing a network that has one logistics center every five miles, and more in densely populated areas, according to the company.