Chinese new retail enterprise KK Group has recently completed a new round of financing worth approximately one billion yuan led by CMC Capital. The round also saw participation from Aplus Capital, Kamet Capital, BA Capital, INCE Capital and some existing investors such as Matrix Partners China. Lighthouse Capital served as the sole financial advisor for this round.
Offline retail service provider K+ has recently received tens of millions of yuan in its Series A financing round from KK Group. Proceeds from this round of financing will be used to expand its market share, deepen upstream and downstream businesses and team building.