Tencent returned for the industrial supplies and services marketplace's latest round having led its $160m series D last year.

Zhenkunhang, the China-headquartered owner of an online marketplace for industrial products, completed a $315m series E round yesterday that included internet group Tencent.

Private equity firm YF Capital led the round, which also featured Legend Capital, the venture capital firm sponsored by conglomerate Legend Holdings, and GLP-C&D Equity Fund, a joint venture between warehouse operator GLP and investment holding company Xiamen C&D.

China Structural Reform Fund, CIC Capital Corporation, Eastern Bell Capital, Tiger Fund, Genesis Capital, Cowin Capital and Matrix…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.