China Digest: Matrix Partners invests in xyb2b; Hillhouse Capital backs Elpiscience

China Digest: Matrix Partners invests in xyb2b; Hillhouse Capital backs Elpiscience

Passengers ride on a ferry as it travels past the Oriental Pearl Tower the Pudong Lujiazui Financial District in Shanghai, China, on Tuesday, Nov. 13. 2018. Photographer: Qilai Shen/Bloomberg

Matrix Partners China has invested in the Series B round of Chinese e-commerce platform xyb2b.com while Elpiscience Biopharmaceuticals has secured funding from Hillhouse Capital.

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