Tencent Joins $12M Series A Round In Parking App Parkbees

Parkbees, a Shenzhen-based start-up operating car parking apps and other services, has completed a RMB80 million (US$12 million) series A round of financing from Tencent Holdings Ltd., Shenzhen Co-win Venture Capital Investment Ltd. and other investors, according to an announcement (in Chinese). The company says it plans to use the proceeds to expand its network […]


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