China industrial e-commerce player Ruigu raises $33.5m
Ruigu Shop, a Chinese online retailer focused on electrical hardware, has raised RMB230 million ($33.5 million) in an extended Series B round led by Immensus Capital.
Additional participation came from Source Code Capital and Chengwei Capital. The company said it has raised RMB330 million in total from the Series B across two tranches. Founded in 2016, Ruigu operates...
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