Yunfeng Capital, a private equity firm, led a $600m Series C2 funding round in Xingyun Group, a consumer goods digital supply chain service platform. The round was joined by Kaixin Capital, Harvest Investment, Skywalker Capital, Dahua, Jingwei China, Taikang Life Insurance, Wuyuan Capital and Honghui Capital. "I would like to thank the C2 round investment institutions and old shareholders for their continuous recognition of Xingyun group. After more than ten years of development, the e-commerce industry has formed a fragmented ecosystem of tens of millions of online small and medium-sized retailers, and millions of SKUs can be sold online," Billy Wang, Xingyun Founder.