China Digest: Luxury retail platform Panghu nets $25m; Shunwei backs Inssent

China Digest: Luxury retail platform Panghu nets $25m; Shunwei backs Inssent

Second-hand luxury commodity services platform Panghu Luxury has raised 175 million yuan ($25 million) co-led by Fortune Capital and INCE Capital, while Shunwei Capital has led ‘millions of US dollars’ in equity management company Inssent.

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