Chinese investors continue to pour money into startups, with e-commerce platform Yunji raising $120 million in a Series B round from CDH Investment and Huaxing Growth Capital and Shenzhen Capital Group backing a $30-million Series C round in Formlabs.
E-commerce platform Yunji raises $120m in Series B
Yunji, a Chinese e-commerce platform focused on online retailers, has raised $120 million in a Series B funding round co-led by CDH Investment and Huaxing Growth Capital, according to a China Money Network report.