Chinese games platform Egret gets Series B round
Shenzhen Capital Group and Matrix Partners China have participated in a Series B round of funding for Egret Technology, a Chinese internet technology platform that focuses on mobile games development.
Financial terms were not disclosed but the round values the company at RMB1 billion ($161 million), Xiang Gao, co-founder of Egret, said at a corporate event in Beijing. Founded in February last year,...
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