China B2B food products platform secures $18m
You Pei Liang Pin, a Chinese B2B online food products supplier, has raised a RMB120 million ($18 million) funding round led by PE-backed online fresh-food retailer Yiguo and Chinese conglomerate GMK Group.
The round is divided into two traches, 36kr reported. Domestic VC Yunqi Partners and an investment unit of Chinese consultancy firm iResearch also participated. Launched in March last year, You Pei Liang...
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