CDH Investments Leads $30M Series A Round In Co-Working Space Start-Up Fountown

fountownAnother Chinese co-working space start-up has raised venture funding. CDH Investments has led a RMB200 million (US$30 million) series A round in Shanghai-based Fountown, a WeWork copycat. Gopher Asset Management and ´╗┐Huazhu Hotels Group ´╗┐also participated in the round, which reportedly values the 17-month-old start-up at RMB1 billion. Founded in April 2015, Fountown currently operates […]


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.

Read the original article: China Money Network