trending Market Intelligence /marketintelligence/en/news-insights/trending/DmrEmasiwsFoglyBZjdhfQ2 content esgSubNav
In This List

Warburg Pincus injects $100M into Chinese e-commerce platform Yijiupi

Blog

Balance Sheet Strategy in an Unusual Rate Environment

Blog

Investors' Views of the Industry Today & the Outlook for Tomorrow

Blog

Japan M&A By the Numbers: Q1 2022

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A


Warburg Pincus injects $100M into Chinese e-commerce platform Yijiupi

Global private equity firm Warburg Pincus LLC has injected $100 million into Chinese business-to-business e-commerce platform Yijiupi in an extended series D round, Deal Street Asia reported, citing a company announcement.

Warburg said the funds will be used for market expansion, product and technology development and to create retail presence.

The startup was valued at about $1.1 billion after its last $200 million series D round that closed five months prior.

Yijiupi Founder, Chairman and CEO Wang Chaocheng said that data, cloud, artificial intelligence-powered financing platform and other new business segments will drive the company's further growth and profitability, the March 18 report added.