Touchmedia secures new round of VC financing
Chinese marketing platform Touchmedia has completed its latest round of financing, led by affiliates of the company's CEO along with new and existing VC backers. Qiming Venture Partners, TLC Capital and Mustang Ventures are among the existing investors to participate in the financing round.
Founded in 2003 by CEO Micky Fung, Touchmedia claims to be the largest in-taxi media company in China. In the last 12 months, the company has nearly doubled the number of taxis in its network, contributing...
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