Aihuishou, a market leader in collection and processing of recycled products, announced today that it had completed a $60 million Series C financing. The round was led by Tiantu Capital, with participation from JD.com, China's ecommerce powerhouse, Greenwoods Capital as well as the company's existing investors Morningside and IFC.
CEC Capital served as the exclusive financial advisor to Aihuishou in the transaction.
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