Tencent leads $74m round for China crowdfunding platform
Shuidi, the operator of Shuidichou, a Chinese crowdfunding platform for patients with critical medical conditions, has raised RMB500 million ($74 million) in a Series B round of funding led by existing investor Tencent Holdings.
Other participants include Gaorong Capital, IDG Capital, Bluerun Ventures, Sinovation Ventures, DST Global founder Yuri Milner, and Xiaoguang Wu, former head of Tencent’s e-commerce business. Shuidi...
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