Chinese online insurer Wukongbao raises Series B
Wukongbao, a Beijing-based online insurance broker, has raised millions of US dollars in a Series B round led by Chinese classifieds platform 58.com, with participation from Guohua Life Insurance.
The company previously received a RMB100 million ($14.4 million) pre-Series A round from Phoenix Auspicious Internet Investment in May 2016. That came one year after Plum Ventures, Cyanhill Capital and...
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