China’s Tiantu commits $32m in dining mobile app
Chinese consumer-focused GP Tiantu Capital has invested RMB200 million ($32 million) in a Series A round of funding for Kaizhuo, a mobile app can be used to make restaurant bookings and payments.
The transaction was confirmed on Kaizhuo's official Weibo microblog. The new capital will be used to develop mobile payment technology and build relationships with more merchants. Operated by Beijing...
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