Chinese Industrial MRO Supplies E-Commerce Start-Up Gets $42M In Series C1 Round

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Ruigushop.com, a Chinese e-commerce platform for industrial maintenance, repair and operations (MRO) products, announced on Wednesday that it has raised nearly RMB300 million (US$42.15 million) in a series C1 round of financing led by Chinese supply chain-focused fund Eastern Bell Capital and alternative asset management firm CDH Investments.

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