Tencent Leads $160M New Round In Chinese Online Industrial MRO Supplies Platform

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Chinese internet giant Tencent announced on Tuesday that it has led a US$160 million series D round in Zhenkunhang, a Shanghai-based online business to business (B2B) trading and procurement services platform, which took the total capital raised by the platform to nearly RMB3 billion (US$433.18 million).

China Money Network

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