Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
Chinese payment firm Ping++ has raised tens of million U.S. dollars in its series B round of financing led by China Broadband Capital Partners and Shengjing Technology, according to an announcement. Existing investors Sequoia Capital and Linear Ventures also participated. The company says it will use the proceeds on team expansion, product improvement and expansion. […]