A US$300 million China-focused investment fund, jointly established by global private equity firm TPG and Softbank Ventures Asia in September 2018, has made a strategic investment in a Chinese retail cloud service provider. The new investment in the firm, whose name can be directly translated into "Wangdiantong" in Chinese, worth over RMB100 million (US$14.48 million), […] TPG, SoftBank Ventures Asia-Led China Fund Backs Chinese Retail Cloud Service Provider comes originally from China Money Network. All Rights Reserved.