China’s mobile advertising platform Mobvista raises $32m
Mobvista, a Chinese mobile content distribution platform, has raised RMB200 million ($32 million) in a Series B round of funding led by two industry funds managed by Haitong Kaiyuan Investment, the private equity arm of Haitong Securities.
Two funds were formed by Haitong through separate joint ventures with Shanghai Media Group and Golden Eagle Broadcasting System. An investment fund under China Securities also participated in the round....
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