Tencent-backed cosmetic surgery booking platform SoYoung has collected $70m in a series E round that increased its overall funding to at least $229m.
SoYoung, a China-based cosmetic surgery booking portal backed by internet company Tencent, raised $70m yesterday in a series E round led by private equity firm Orchid Asia Group, according to China Money Network.
BOC International Holdings, the investment banking arm of financial services firm Bank of China, and state-backed private equity vehicle Russia-China Investment Fund also took part in the round, as did venture capital firm Matrix Partners China.
SoYoung operates an online platform enabling users to book cosmetic procedures with…