China-listed gaming group Tencent has reportedly led the $31m round in local healthcare company PrimeCare as its portfolio company, Qingsong Huzhu, a crowdfunding platform for ill people to raise money, reportedly shuts down.
In mid-2016, China-based social networking crowdfunding service Qingsong received approximately $20m in a series B+ round featuring Tencent, IDG Capital Partners, then a VC affiliate of media company International Data Group, and DT Capital Partners.
