5. Zhenkunhang $315.0M
Round: Series E
Description: Shanghai-based Zhenkunhang is an e-commerce and industrial products distribution platform. Founded by Chen Long in 1996, Zhenkunhang has now raised a total of $689.0M in total equity funding and is backed by investors that include Tencent Holdings, Matrix Partners China, Tiger Global Management, Legend Capital, and Cowin Capital.
Investors in the round: China Structural Reform Fund, CIC Capital, Eastern Bell Capital, Matrix Partners China, Tencent Holdings, Xiamen C&D Corporation, YF Capital
Industry: E-Commerce, Internet
Founders: Chen Long
Founding year: 1996
Location: Shanghai
Total equity funding raised: $689.0M
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