Alibaba leads $335m round for China's Souche
Alibaba Group has led a $335 million Series E round for Chinese online second-hand car trading platform operator Souche. It is the company’s third funding round in the past 12 months.
Additional investors included Warburg Pincus, Primavera Capital, and CMB International. It establishes Alibaba as the company’s largest institutional shareholder. The capital will be used to build a...
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