Chinese gym operator SuperMonkey raises $53.5m
Chinese gym operator SuperMonkey has raised RMB360 million ($53.5 million) in a Series D round led by Starquest Capital and Yao Capital, a sport-focused PE firm co-founded by former NBA star Yao Ming.
Established in 2014, the company operates two kinds of gyms: 24-hour self-service “gymbox” units, which are containers with about 50 square meters of space; and studios for group use of 100-300 square...
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