China Digest: Hillhouse, Vertex back Wangbaobao; STARTER bags $30m

China Digest: Hillhouse, Vertex back Wangbaobao; STARTER bags $30m

Wangbaobao

Wangbaobao has raised “tens of millions of US dollars” in a Series C round of financing co-led by Hillhouse Capital and MatrixPartners China, while STARTER has pocketed $30 million in a Series B round led by M31 Capital.