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Xiaomi-backed Chinese tax platform Huisuanzhang bags $80m Series D

Xiaomi-backed Chinese tax platform Huisuanzhang bags $80m Series D May 24, 2021 China’s Huisuanzhang, a SaaS-based corporate accounting and tax management platform, has secured $80 million in a Series D round of financing from undisclosed investors, per its announcement on Monday.  Investment bank Cygnus Equity served as financial advisor for the deal, it said in a WeChat post.  The platform will invest the funding proceeds to grow its portfolio of financial services.  Managed by Beijing Kungeek Technology, Huisuanzhang delivers financial services such as tax audit, accounting and business registration to small-to-medium enterprises.  Since its inception in 2015, Huisuanzhang claims to have served over 850,000 corporate clients including Dongfeng Motor Corporation, Chery Automobile, and beverage brand OCOCO International. 

Nasdaq-listed Qutoutiao s Midu raises $110m in Series C round

Nasdaq-listed Qutoutiao’s Midu raises $110m in Series C round March 6, 2021 China’s Midu Novels, a subsidiary of Nasdaq-listed entertainment content platform Qutoutiao, has secured as much as $110 million in its Series C round, per an announcement. The names of the investors were not disclosed. Midu closed its Series B round in October 2019 at $100 million from CMC Capital and investment bank Lighthouse Capital. The fresh round of funding comes in at a time when the demand for online entertainment content is picking up with consumers increasingly accepting the digital wave. The market size of China’s net literature is expected to reach 45 billion yuan ($7 billion) by the end of 2022, according to China’s internet data research company iResearch.

Bitcoin on jo paljon suurempi kuin Helsingin pörssiyritykset yhteensä, silti edes ammattilaissijoittajat eivät tiedä, mikä se lopulta on - Talous

Bitcoin on jo paljon suurempi kuin Helsingin pörssiyritykset yhteensä, silti edes ammattilaissijoittajat eivät tiedä, mikä se lopulta on - Talous
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