The automotive repair and parts platform took its Legend-backed series C round to $150m with $50m of funding from investors including Hillhouse Capital and Qiming Ventures.
Tuhu, a China-based provider of after-sales products and services for car owners backed by conglomerate Legend Holdings, has raised $50m in series C funding, China Money Network reported today, citing Chinese media reports.
The round was led by investment management firm Hillhouse Capital and also featured investment firm Qiming Venture Partners and other, undisclosed investors.
Founded in 2011, Tuhu offers a service that delivers after-sales products and installation services to automotive owners through a network of partner garages.
The company…
