Tencent has led a $160m series D round for business-to-business e-commerce platform Zhenkunhang that was also backed by return investor Legend Capital.

China-based industrial e-commerce platform Zhenkunhang secured $160m today in a series D round led by internet group Tencent that included Legend Capital, the venture capital firm formed by conglomerate Legend Holdings. The corporates were joined by Matrix Partners China, the local affiliate of US-headquartered early-stage investment firm Matrix Partners, as well as venture capital firm…

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