New Horizon leads $50m round for China's Chukong Technologies
New Horizon Capital has led a $50 million Series D round of investment in Chukong Technologies, a Chinese mobile game developer. GGV Capital, Sequoia Capital, Steamboat Ventures and Northern Light Venture Capital also participated in the round, which brings the company's total funding to $83 million to date.
Set up in 2010, Beijing-headquartered Chukong develops and publishes first-party mobile games under the Coco (formerly PunchBox) brand. Among its most popular game franchises is Fishing Joy - a deep sea...
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