Taikang Life Insurance, Highlight Capital and PEPM led $200m Series C round in Xingyun Group.

A life insurance company Taikang Life Insurance and investment firms Highlight Capital and PEPM led $200m Series C round in Xingyun Group, a global commodity integrated service platform, with participation from Morningside Capital and Matrix Partners China. The company has established warehouses in more than ten cross-border e-commerce pilot cities in China. At present, the whole-process cross-border supply chain service constructed by the group has formed a closed loop of upstream, midstream and downstream transactions, helping brands and imported retail channels to connect efficiently.