SoftBank took part in the smart retail platform developer’s latest round through its Vision Fund 2, SoftBank Ventures Asia having backed its series A and C rounds.

Telecommunications and internet group SoftBank’s Vision Fund 2 led a $312m series D round for China-based intelligent retail technology provider Huice yesterday.

Legend Capital, the venture capital offshoot of conglomerate Legend Holdings, also took part in the round, as did Hillhouse Capital’s GL Ventures unit, Citic Private Equity and GIC.

Founded in 2012, Huice has built an artificial intelligence-powered software tool called Wangdiantong that enables e-commerce merchants to manage their domestic and global operations including orders, warehousing and delivery.

SoftBank…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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