
China smart projector brand JMGO raises $158m

IDG Capital and Chinese smartphone brand Oppo have invested CNY 1bn (USD 158m) in JMGO, a local manufacturer of smart projection equipment developer JMGO that also goes by the name Holatek.
Oppo is participating as a new investor with a view to generating strategic synergies with JMGO. On one hand, Oppo is keen to deepen its exposure to the internet-of-things (IoT) segment and JMGO has expertise...
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