Fosun Venture leads Series B round for Kmsocial
Fosun Venture Capital Investment has led a Series B round of funding for Kongming, a Beijing-based social media marketing solutions provider, with participation from previous investor Fidelity Growth Partners Asia. The investment size is about $10 million.
The fresh capital will be used for product development, technological improvements and to expanding the company's customer base, E. Wei, Kongming's company's co-founder and CEO, told local media. "Backed...
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