Chinese internet giant Tencent has led a $160 million U.S. Series D round in b-to-b platform Zhenkunhang, Dealstreet Asia has reported. The investment was joined by Matrix Partners China, supply chain-focused Eastern Bell Capital, growth-stage investment fund Genesis Capital, and Legend Capital, an investment unit of Legend Holdings.

Founded in 1996, Qingdao-based Zhenkunhang is an e-commerce platform for industrial products, including maintenance, operation, and repair (MRO) products. According to Zhenkunhang, this funding round took the total capital raised to nearly 3 billion RMB ($433.18 million U.S.)

Zhenkunhang has raised a total of $374 million U.S. in funding over four rounds, according to Crunchbase.

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