Chinese retailer Suning injects $129m in Jack Ma's Yunfeng Capital fund

Chinese retailer Suning injects $129m in Jack Ma's Yunfeng Capital fund

Chinese retail group Suning said that 61.41 per cent of its $210-million commitment to Jack Ma-backed private equity firm Yunfeng Capital’s third fund has already been called. The fund targets to raise as much as $2.5 billion.

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