Everbright Reinfore Leads US$102 Million Series C Round for Beijing DS365 Technology (Asia)

Source: Greater China Private Equity Review  |  Author(s): May Hui

China-focused private equity firm Everbright Reinfore has led a CNY700 million (approximately US$102 million) Series B round for Beijing DS365 Technology, a China-based provider of supply chain management, transaction and logistics solutions for convenience stores. Financial services provider China UCF Group also participated in the round. DS365 will use the new capital to scale its business into additional Chinese cities.