China B2B consumer goods distribution platform raises $33m
Zskuaixiao, a China-based business-to-business (B2B) consumer goods distributing platform, has completed a RMB205 million ($33 million) Series B round led by warehouse operator Global Logistics Properties (GLP) and Longzhu Capital – a corporate investment arm of Meituan-Dianping.
Source Code Capital and Hanxin Capital also participated in the round. Founded in 2016, Zskuaixiao’s platform connects consumer goods suppliers and small convenience store operators in lower-tier Chinese...
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