Shunwei backs Chinese quick-service hair salon operator
Xingkeduo, a Chinese hair salon operator that specializes in fast-turnaround services, has raised RMB100 million ($14.5 million) in a Series B round of funding led by Shunwei Capital, China International Capital Corp, Hongdao Capital and Future Capital.
The proceeds will go towards expanding Xingkeduo’s store network, increasing brand awareness and upgrading its IT systems, said Wei Zhuang, the company’s founder and CEO, according to a Shunwei statement....
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