JD.com has taken part in a series B round for recipe-sharing platform Xiachufang, which previously raised an undisclosed amount in a 2012 series A round.
China-based social media and e-commerce company Xiachufang has secured $30m in a series B round featuring e-commerce company JD.com, Tech in Asia reported earlier today.
Venture capital firm China Growth Capital led the round, which also included participation by VC firm Ceyuan Ventures and Zhixin Capital.
Founded in 2011, Xiachufang operates an app through which users can share recipes with each other. They can then use an online store accessible through the same app to purchase the kitchen utensils and…
