Everbright ReInfore leads $102m round for China retail portal
Everbright Reinfore, a China-focused PE firm under the China Everbright Group umbrella, has led a RMB700 million ($102 million) Series B round for Beijing DS365 Technology, which operates an online retail portal.
Chinese financial service provider UCF Group also took part in the round. The company plans to use the new funding to scale its business into more Chinese cities, it said in a statement. Founded in 2014,...
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