Ontario Teachers leads funding round for China’s 360Buy.com
Ontario Teachers' Pension Plan (OTPP) has led a $300 million round of funding for 360Buy.com, China’s second-largest business-to-consumer e-commerce website by revenue.
360Buy confirmed the new financing round to local media Yicai, which reported that the OTPP contributed $250 million, with the remainder committed by existing investor Tiger Global. Other market sources...
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