CDH leads $108m Series B for China baby care brand
Babycare, a Chinese baby products brand, has raised RMB700 million ($108 million) in Series B funding led by CDH Investments. Sequoia Capital China and Huaxing Growth Capital also participated.
It follows a RMB300 million Series A - led by Sequoia - in August 2019, according to AVCJ Research's records. Founded in 2014, Babycare has more than 10 million registered members and claims to serve...
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