China-based food e-commerce company 3Songshu, backed by publisher International Data Group (IDG), has obtained $47m in series D funding, China Money Network reported today.
The funding was provided by venture capital firm Frees Fund, set up by Li Feng. He previously served as an executive at IDG Capital Partners, an investment affiliate of IDG, and led the unit’s investments in 3Songshu.
Feng left IDG in August 2015 and has raised $150m for Frees Fund so far.
Founded in 2012, 3Songshu…
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