KKR, Alibaba invest in China fresh-food online retailer Yiguo
KKR and existing strategic investor Alibaba Group have invested in a Series C round of funding for Yiguo, a Chinese online fresh-food e-commerce platform.
Financial details weren't disclosed, but it is said to be the largest funding round in China's fresh produce space. KKR is investing through its China Growth Fund. Founded in 2005, Yiguo sells seafood...
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