Jinan Industry Development Fund led a $225m funding round in Huimin.

Synopsis

Jinan Industry Development Fund, a collection of industrial investment, equity management, and financing guarantee, led a $225m funding round in Huimin, a B2B e-commerce platform, with participation from Fortune Capital, GP Capital, Fosun Capital and China Renaissance.

Principals

target

HUIMIN

bidder

Jinan Industry Development Fund

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Market Context

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Seller Team (1)

dong zhang

CEO at HUIMIN

Manager

target

Deal

£ 199 M

Total Value

Bidder Team (3)

jake gluck

Founder and CEO at FORTUNE CAPITAL

Manager

bidder

Deal

£ 199 M

Total Value

robert petersen

CEO at GP CAPITAL

Investor

bidder

Deals

£ 272 M

Total Value

xu xiaoliang

Co-CEO at FOSUN CAPITAL

Manager

bidder

Deal

£ 199 M

Total Value

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