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Chinese pharmacy app Yaoshibang raises $133M in series D round

Tiger Global Management LLC, DCM Ventures and H Capital led a series D fundraising round for Chinese pharmacy mobile app Yaoshibang, raising $133 million, DealStreet Asia reported, citing a company release.

Yaoshibang's app allows patients to order and receive medicine directly from pharmacies.

Venture capital firm H Capital specializes in growth capital investments in China, while DCM Ventures is based in Menlo Park, Calif., and invests in a variety of sectors, most heavily in technology, media and telecommunications. Hedge fund manager Tiger Global Management invests in public and private markets in numerous sectors.