Tencent leads $160m Series D in Chinese industrial e-commerce platform Zhenkunhang

Tencent leads $160m Series D in Chinese industrial e-commerce platform Zhenkunhang

Photographer: Qilai Shen/Bloomberg

Chinese internet giant Tencent Holdings has led a $160-million Series D round in Zhenkunhang, a Shanghai-based online business to business (B2B) trading and procurement services platform, China Money Network reported.