Fenlai Raises Fresh Funds To Arm Chinese Online Merchants With Short Video Ads

Chinse short video e-commerce platform Fenlai has raised US$10 million in a series pre-A round of financing led by Chinese internet trust service firm Zhongshunyi Financial to reach a valuation of nearly US$100 million, the company announced at a news briefing last Friday. The new round also attracted capital injection from Chinese private equity firms […]

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