Warburg Pincus invests $100m in China B2B platform Yijiupi
Yijiupi, a China-based online B2B trading platform that established itself in liquor before expanding into other consumer goods categories, has raised 100 million in an extended Series D round from Warburg Pincus.
The company closed its Series D at $200 million five months ago, with participation from the likes of Tencent Holdings, Meituan-Dianping, Source Code Capital and China Everbright. The valuation is said...
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