AAA Ben Bostock

Lailaihui books $16.3m in Fosun-backed round

China-based online holiday booking portal Lailaihui.com has received RMB 100 million ($16.3m) in series B financing, China Money Network reported on Friday. The money came from conglomerate Fosun International’s venture capital arm, Fosun Venture Capital, and asset fund manager CDH Investments. Lailahui, which is affiliated to Beijing Lailai Website Network Technology, previously received $1m in series A… Continue reading Lailaihui books $16.3m in Fosun-backed round

Wickr secures $30m to up financial game

US-based mobile messaging app developer Wicker has raised $30m in its series B round rom investors including networking equipment manufacturer Juniper Networks. The round was led by Breyer Capital CEO John Breyer, and also included game developer Wargaming, options and futures exchange CME Group, Alsop Louie, Knight Foundation and Riverwood. Nico Sell, co-founder and CEO… Continue reading Wickr secures $30m to up financial game