Weil Advised Primavera Capital in Latest Funding Round for Xinsheng Youxuan
Weil advised Primavera Capital, the lead investor in the latest funding round which raised more than $200 million by Xingsheng Youxuan (兴盛优选), an e-commerce platform in which convenience store chain operators in China sell fresh products and household goods to online community groups. The existing investors in Xingsheng Youxuan include Tencent, KKR, Zhen Fund, GSR Capital and Eastern Bell Capital.
The Weil team was led by Private Equity partner Charles Ching and included associates Kenny Yu, Benjamin Yao and Briana Liu.