Tencent-backed Zhuanzhuan has avoided the emission of more than one million tonnes of greenhouse gases in the past five years, it says. Photo: Handout
Tencent-backed Zhuanzhuan has avoided the emission of more than one million tonnes of greenhouse gases in the past five years, it says. Photo: Handout
E-commerce

Alibaba and Tencent-backed pre-owned e-commerce firms enjoy second spring thanks to China’s decarbonisation push

  • Several Chinese platforms have raised big sums in the first half to fund their expansions
  • AiHuiShou has raised US$227 million through an IPO in New York and Tencent-backed Zhuanzhuan has raised about US$550 million through private equity fundraising rounds

Topic |   E-commerce
Tencent-backed Zhuanzhuan has avoided the emission of more than one million tonnes of greenhouse gases in the past five years, it says. Photo: Handout
Tencent-backed Zhuanzhuan has avoided the emission of more than one million tonnes of greenhouse gases in the past five years, it says. Photo: Handout
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