Warburg Pincus leads $100m Series D funding in China's Yunniao

Warburg Pincus leads $100m Series D funding in China's Yunniao

100 Yuan notes are seen in this illustration picture in Beijing November 5, 2013. REUTERS/Jason Lee/Files

US-based private equity major Warburg Pincus has lead a $100 million series D funding round in intra-city B2B courier service platform Yunniao Delivery, the Chinese company said in a statement on Monday.

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