The current market coverage of Yijiu Batch has increased to 140 prefecture-level cities and 500 counties in 26 provinces. This year, the platform commodity GMV is expected to exceed 20 billion.

Learn, Fasting Industry Internet EnterpriseEasy The batch was again approved by Tencent for nearly $80 million in additional investment, and Light Source Capital continued to serve as the exclusive financial advisor for this round of financing. This is another large-scale financing recently obtained by Tencent and the US team after the investment of 200 million U.S. dollars in August 2018 and the investment of 100 million U.S. dollars in March 2019.

Update | B2B Express Internet Company

Easily approved financing history (Source: Whale)

“Easy Batch” is a continuously focused company, established in 2014, with services including Yijiu batch mall platform (providing online e-commerce transaction), supply chain and logistics platform, easy wine batch and zero platform (chain management), micro-alcohol loan (supply chain financial service), easy distribution (dealer resident and warehouse allocation) . At present, the market coverage has increased to 140 prefecture-level cities and 500 counties in 26 provinces. This year, the platform commodity GMV is expected to exceed 20 billion.

Here are the reports to the company (excerpt) in March of this year:

Today, the B2B platform “Easy Batch” announced that it has received a $100 million D+ round of financing from Huaping, and is the exclusive financial advisor to Light Source Capital. This round of the US Mission Review, Tencent United led the $200 million D round of financing only five months apart, after the current round, the long-term cumulative D round of accumulated financing totaled 300 million US dollars. The financing will be mainly used for the continued expansion of new cities, new retail chain layout, product and technology research and development.

Yujiu batch was established in September 2014. It was cut into B2B from the wholesale of wine in the early stage. In less than five years, it developed into a cover.