China secondhand goods platform Zhuanzhuan raises $100m
Zhuanzhuan, a used goods trading platform and subsidiary of 58.com, China’s largest online classifieds marketplace, has raised a $100 million round led by electronics giant Xiaomi.
This is the first tranche of Series D round also featuring Shunwei Capital and Advantech Capital. It brings capital raised in the past half-year to $550 million, according to a statement. AVCJ Research...
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