
DCM leads $31.8m round for China B2B oil trading platform

DCM Ventures has led a $31.8 million Series B round for 51Zhaoyou.com, a China-based B2B oil trading platform.
PE-backed online truck logistics platform Huochebang also participated, in conjunction with several existing VC backers including SIG Asia, Sky9 Capital, Yunqi Partners and GGV Capital. The round brings...
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