
Chinese consumers love karaoke. A company focused on providing audio and video karaoke systems has just raised more money to meet this rising demand. Beijing-based Thunder Stone Technology, a provider of karaoke on-demand systems and solutions, has raised a RMB200 million (US$29 million) series B round led by China Minsheng Investment Group, according to a company announcement. Morningside Venture Capital, founder of Thunder Stone and Beijing Yue Meters Technology, a Xiaomi-affiliated company that provides Yue Meters mechanical keyboard, also participated …
Chinese Karaoke Solutions Provider Thunder Stone Raises $29M appeared first on China Money Network.