Chinese industrial products e-commerce platform ZKH Industrial Supply Co., Ltd has completed a $315 million Series E financing round led by YF Capital, a PE firm co-founded by Alibaba’s Jack Ma and David Yu in Shanghai in 2010.
State-owned China Structural Reform Fund Corporation, and CIC International — China Investment Corporation’s overseas investment subsidiary — were the “joint lead investors”, ZKH said in a statement on WeChat on Wednesday.
