Taikang Life Insurance, GLP and Xiamen C&D were among the investors in a series D round for the industrial supplies marketplace.
China-based industrial e-commerce platform developer Ruigu has secured $250m in series D funding from insurance provider Taikang Life, warehouse operator GLP and conglomerate Xiamen C&D, DealStreetAsia reported today.
Private equity firm Primavera Capital Group led the round, which also featured alternative asset manager CDH Investments and venture capital firms Eastern Bell Capital, Source Code Capital and Chengwei Capital.
Xiamen C&D participated in the round through its Xiamen C&D Emerging Industry Equity Investment subsidiary.
Founded in 2015, Ruigu operates an e-commerce…
