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Aggregated China Business Blogs
Tencent, Banyan-Backed Renren Express Raises $50M New Round
Aggregated Source: China Money Network
logistics copy 5Chengdu-based crowd-sourcing express service platform Renren Express has raised US$50 million from an undisclosed Chinese investor, according to Chinese media reports. The company says it plans to use the proceeds on business expansion and service improvement. Founded in 2011, Renren Express completed US$15 million series A financing led by Tencent Holdings Limited and Banyan Capital […]

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