
Tencent leads Series B round for online financial site Howbuy
China internet giant Tencent Holdings has led a Series B round of funding for Howbuy.com, a Chinese online financial products platform. Existing investor Legend Capital, the corporate venture capital arm of Legend Holdings, also participated in the round. Financial terms were not disclosed.
This is the first time that Tencent has invested in a third party wealth managment firm. Founded in 2007, the Shanghai-based firm provides information and platform for investors to buy investment products,...
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