Yunfeng Capital led a $315m Series E round in Zhenkunhang.

Yunfeng Capital led a $315m Series E round in Zhenkunhang, an online grocery platform, with participation from Xiamen C&D, Tencent, Matrix Partners China, Eastern Bell Capital, CIC Capital and China Structural Reform Fund. "The company has already been the leader in the industrial product sector, with the widest business scope and the most comprehensive serving capabilities, as well as the fastest growth," YF Capital.