HK-based Hillhouse co-leads $31m Series B1 round in e-commerce platform Songshupinpin

HK-based Hillhouse co-leads $31m Series B1 round in e-commerce platform Songshupinpin

Photo: Shanice Garcia/unsplash.com

Hong Kong-headquartered Hillhouse Capital Group and Magic Stone Alternative Investment (MSA) have co-led a $31-million Series B1 financing round in Beijing-based community group buying e-commerce platform Songshupinpin, China Money Network reported.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter