China's Meituan-Dianping leads $87m in Series B funding in Wangjiahuan

China's Meituan-Dianping leads $87m in Series B funding in Wangjiahuan

Visuals from Wangjiahuan's Company Website

Shenzhen-based agricultural products distributor Wangjiahuan announced on Monday that it has closed 600 million yuan ($87 million) in a Series B round of financing led by Chinese on-demand service giant Meituan-Dianping.

Its existing shareholder Hidden Hill Capital, the private equity platform of GLP China, participated in the investment.

Bring stories like this into your inbox every day.

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