The one-year-old upstart secured its first round of financing, with its valuation quadrupling within a year.
Tag: Baofeng Mojing
As China’s VR sector heats up, technology-driven DeePoon aims to keep its leading edge in terminal hardware development and content distribution.
Our highlights of the week: Online medical service platform launched by PingAn Group may have raised USD 500 million; Chinese mobile lending platform Welab raises USD 160M in Series B financing led by Malaysian sovereign fund; Meituan-Dianping confirms record-breaking USD 3.3 billion financing.
Baofeng Mojing has received USD 34 million in financing thanks to notable investors CITIC Capital, Zeus Interactive and Baofeng. The funding will boost the company’s valuation to USD 21 million.