China E-commerce Saas Participant Huice Raises $312m

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Founded in 2012, Wangdiantong began with a product for enterprise useful resource planning known as Huice to help e-commerce businesses manage orders. Its choices later expanded to cowl AI-enabled order evaluations and automated items delivery, among others, offering a holistic vary of cloud computing-based, intelligent-operation merchandise for domestic and cross-border e-commerce. Huice, a software-as-a-service developer for the smart retail sector, has secured around $100 million in a Series C spherical funding led by Singapore’s sovereign wealth fund GIC, based on an organization statement on Thursday. AVCJ Database is the ultimate link between Asian dealmakers and people who provide advisory, financial, authorized and technological services to the non-public equity, venture capital and M&A industries. It is full of details and figures on greater than 153,000 corporations and nearly 117,000 transactions.

HONG KONG – Huice, which develops software-as-a-service options to allow sensible retailing, has raised $ 312 million in a Series D spherical led by SoftBank Group’s Vision Fund 2. HONG KONG — Huice, which develops software-as-a-service options to enable smart retail, has raised $312 million in a Series D round led by SoftBank Group’s Vision Fund 2. The following 10 years will be a golden decade for software as a service in China, Xiao stated. HONG KONG – Huice, which develops software-as-a-service solutions to allow sensible retail, has raised $312 million in a Series D round led by SoftBank Group Vision Fund 2.

Huice, a China-based supplier of software program for e-commerce retailers, has raised $312 million in a Series D round led by SoftBank Vision Fund 2. This is the most important single spherical in China’s software-as-a-service business year-to-date. Huice was based in 2012 and began with an enterprise useful resource planning product called Wangdiantong to help e-commerce firms manage orders.

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