Next Day Package Startup Veho Raises $125 Million for Last Mile Race

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When your main competitor is so moneyed, it's buying up enough jets to start a small airline, there's not much hope of survival without a warchest of your own.

While it pales in comparison to the $50 billion in revenue Amazon raked in during the third quarter alone, last mile delivery start-up Veho raised $125 million on Tuesday for that reason. Now all it has to do is compete with the most advanced and sophisticated delivery network in the history of civilization.

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Source Fool.com