Hillhouse news and trends

eCommerce Platform Magento Scores $250M

January 05, 2017
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eCommerce Platform Magento Scores $250M

January 05, 2017
Open-source eCommerce platform provider Magento Commerce recently snagged a whopping $250 million in new funding from one of China’s largest investment firms, Hillhouse. This latest fundraising puts Magento Commerce’s valuation at more than $700 million, according to a person familiar with the deal. In a statement, Magento Commerce said that the new money will fund […]