28 November 2016, Yiguo announced the completion of its Series C+ financing, just after Yiguo raised its Series C financing from Alibaba Group and KKR Group this March. Yiguo raised approximately 500 million US dollars for the year of 2016, creating a new record in fresh-food E-commerce sector in China.
This Series C+ financing is led by Suning Investment Group with joining parties including Goldman Sachs, Fidelity, Credit Suisse, BOC International, Mujia Investment, and Trinity Capital. Yiguo is going to further develop its business system in all channels, including ExFresh logistics and Yiguo supply chain, acting in a group operation mode, for the future transformation into a "Yiguo Group" based on the consumers' need for fresh-food, and in the long run pushing the upgrade of the ecology of the whole fresh-food sector in China.
As legal counsel for Yiguo, Llinks provided a full range of legal services for Yiguo's Series C and Series C+ financing in 2016.
