Softbank China Joins $21M Series A+ Round In Shanghai Pharma’s Online Unit

The online pharmacy division of Shanghai Pharmaceuticals Holding Co., Ltd. has raised RMB135 million (US$21 million) series A+ round of financing from Softbank China Venture Capital and a fund controlled by Shanghai Charity Foundation, according to a securities filing (in Chinese) by the Shanghai-listed company. Each investor has agreed to invest RMB67.5 million to take […]

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Read the original article: China Money Network