Tencent led a nine-figure renminbi round for Haoyiku, which enables brands to sell on excess inventory through the corporate's WeChat app.

China-based e-commerce startup Haoyiku has secured a nine-figure amount (RMB100m = $15m) in a series B round led by internet group Tencent, China Money Network reported on Tuesday.

The round also featured venture capital firm K2VC, investment group Vision Capital and IDG Capital, the VC group that led a $15m series A round for Haoyiku last month, according to China Money Network.

Founded in December 2017, Haoyiku runs an e-commerce platform that partners with consumer brands, particularly apparel producers, forging…