China UCF has contributed capital to a series B round for DS365 Technology, a supply chain services provider for convenience stores.
China-based supply chain services firm DS365 Technology has raised RMB700m ($102m) in series B funding from investors including financial services conglomerate China UCF, China Money Network reported today.
The round was led by Everbright ReinFore, the private equity arm of asset management firm Everbright Financial Holding Asset Management.
Founded in 2014, DS365 offers supply chain management technology that enable fast-moving consumer goods, transaction platforms and logistics services to convenience and community stores.
The company claims to be serving more than…
