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Announced

Completed

KKR led an $800m round in Xingsheng Selected.

Financials

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Transaction Value£627m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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platform

Private

China

E-commerce

Acquisition

Minority

Private Equity

Venture Capital

Friendly

Single Bidder

Cross Border

Completed

Synopsis

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KKR led an $800m round in Xingsheng Selected, an e-commerce platform, with participation from Sequoia Capital China, Tencent and Tianyi Venture Capital. To date, Xingsheng Selected has completed five rounds of financing, with a total amount of more than one billion US dollars, attracting more than ten well-known investment institutions, including Sequoia Capital China, Capital Today, Tencent, KKR, Eastern Bell Venture Capital, GSR Ventures, and ZhenFund.

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