Joy Capital Participates In Tuhu’s Series C Round

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Shanghai-based automobile after-sales products and services e-commerce platform Tuhu has completed its series C funding round from Joy Capital, Welkin Capital Management, Far East Horizon Limited, and Haitong Securities Co., according to a company announcement.

The company raised approximately US$100 million in the latest round, says a company representative.

Existing investors Legend Capital and Qiming Venture Partners also participated.

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Nina Xiang is the co-founder and managing editor overseeing editorial content and product development at CMN. Before founding CMN in 2011, Nina worked at BusinessWeek magazine in Beijing and Institutional Investor magazine in New York, writing about business and financial services. While in New York, she also served as part-time correspondent for Shanghai's financial television channel, China Business Network, as well as China Radio International, China's national English-language radio network.