FintekAsia

Jack Ma-Backed Yunfeng Capital Joins $814M New Round In Suning’s Financial Service Unit

...expanded its share capital by 16.5%. Suning Finance’s parent Suning Commerce will see its shareholding diluted to 50.1% from 55.8% before the investment. Yunfeng Finance is to subscribe to RMB1...

Jack Ma-Backed Yunfeng Capital Joins $814M New Round In Suning’s Financial Service Unit appeared first on China Money Network.

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