Announced

Completed

Tencent led a funding round in New Ruipeng at a $4.4bn valuation.

Synopsis

Chinese multinational technology conglomerate Tencent led a funding round in New Ruipeng, a Shenzhen-based pet medical and beauty care hospital operator, at a $4.4bn valuation. The round saw participation from Country Garden Venture Capital, Boehringer Ingelheim, Snow Lake Capital, OrbiMed, Aspex Management, and Lake Bleu Capital. The Shenzhen-based company said it plans to use the new capital to help facilitate its primary care networks, improve its medical system, and strengthen its smart retail ecosystem through WeChat.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US