Chinese fitness app developer Hotbody has raised approximately RMB100 million ($15 million) in a new round of funding led by domestic GP Haodao Capital, with participation from existing investor Ameba Capital.
Launched in January 2015, Hotbody provides free online fitness courses, enabling users to manage their training schedule and record health data through the app. The company has expanded into other sport...
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Oaktree Capital Management CEO Jay Wintrob has singled out China and India as prospective jurisdictions for increased investment activity due to local regulatory progress, even as a number of converging macro themes inspire a more cautious overall approach.