has lead a USD 160 million in Series D financing round in China-based industrial ecommerce platform . The investment was also joined by Eastern Bell Capital, Genesis Capital, Legend Capital, and Matrix Partners China. In total, Zhenkunhang has raised a total of USD 374 mln in funding over the past four rounds. Zhenkunhang is a B2B trading and procurement services platform focused on industrial products, including maintenance, operation, and repair (MRO) products. Zhenkunhang’s mission is to enable enterprises to operate more efficiently by tapping on the smart supply chain and an industrial network covering the whole country.
Chinese industrial e - commerce platform Zhenkunhang has invested $ 160 m to develop its B2B industrial products and services in operation . The venture D funding was led by Tencent and backed by Eastern Bell Capital , Genesis Capital , venture Capital and Matrix Partners partners . It brought the company ’s total funding to $ 150 m .