Chinese playground operator Yuyuto raises $32m
Shanghai Yuyuto Entertainment Facilities, a Chinese company that operates children’s entertainment and retail facilities in shopping malls, has secured RMB200 million ($32 million) in a new round of funding from Fortune Venture Capital, Shenzhen Cowin Capital, TCL Industrial Funds, and Mountain View Capital.
Other domestic investors, including GF Securities, also participated. Founded in 2010, Shanghai-headquartered Yuyuto has three main businesses: Yuyuto Play System, a chain of children's playgrounds; Yuroro...
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