CR Capital joins Series E for China's Newlinks
CR Capital Management, an investment arm of China Resources Group, is backing Newlink Group, operator of a platform that helps drivers locate the best value gas stations and charging piles, as part of the company's Series E round.
The round amounts to several hundred million US dollars, according to a statement. Newlink raised CNY 2bn (USD 308m) led by China Merchants Capital in August 2021. This followed tranches of USD 200m and...
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