Renren leads $50m round in China online finance site
Chinese social networking site Renren has led a $50 million Series B round for Shenzhen Jinfuzi Network Technology, a Chinese online wealth management platform.
Sequoia Capital also participated in the round, as confirmed by Jinfuzi on its official Weibo microblog. The VC firm provided tens of millions of dollars in a Series A round of funding last year. Founded...
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