Tencent leads $360m round for China fresh produce retailer
Chinese fresh produce retailer Yipin Shengxian has raised a RMB2.5 billion ($360 million) Series C round led by Tencent Holdings and Capital Today. Eastern Bell Venture Capital re-upped.
Yipin received a RMB240 million Series A from Capital Today in 2018. Tencent led a RMB2 billion Series B last year with support from Capital Today, Eastern Bell, and Meituan-Dianping’s DragonBall Capital....
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