ShopEx, a China-based e-commerce software and service provider backed by several corporates, has raised RMB700m ($104m) in series D funding, Marbridge Daily reported on Thursday.
The round was led by venture capital firm Joy Capital and included China Renaissance K2 Ventures, New Alliance Capital, Tianxing Capital, Gopher Asset Management, and China Broadband Capital as well as unnamed, existing backers.
Founded in 2002, ShopEx develops software aimed at e-commerce merchants which integrates payment facilities and third-party technologies to facilitate financial and…
