Aug 23, 2017
Beijing-based Dami Technology, operator of online and mobile one-on-one children's English language education platform Vipkid, has secured USD 200 mln in Series D funding led by Sequoia Capital and internet and mobile services firm Tencent (0700.HK), and with participation from Yunfeng Capital, Matrix Partners China, ZhenFund, and ZTwo Capital.
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Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), recently announced that it will open up its self-developed technologies, including identity verification, risk control, and payment processing services, to merchants providing unmanned services.
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Shanghai-based Aidangjia Data Technology, operator of house rental management Software as a Service (SaaS) platform Shuidi Guanjia (literally "Water Drop Butler"), recently announced the completion of RMB 8-digit strategic funding from real estate agency and leasing services provider Ping'an Haofang E-Commerce.
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The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.
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