Meet You, a China-based female community app that also allows women to track their periods, has secured $35m in a series C round led by technology and trading firm Susquehanna Investment Group.
Matrix Partners China and China Renaissance K2 Ventures also took part in the round.
The investment follows a $15m series B round in January 2014 led by Matrix Partners China and a series A in June 2013, which involved an undisclosed amount in the “several million dollars” range.
Launched in April 2013 as a period tracker, Meet You’s app has since expanded its scope to building a female community where users can discuss anything from fashion to parenting. The company claims to have 50 million registered users, with 3.5 million of them active.
Meet You’s market is a hotly contested field in China, with its direct competitor, Dayima, having raised $30m only two weeks ago. Glow, a fertility app from the US, is also looking to launch a version of its app in the country.