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3Novices:DayDayCook raises 100 million yuan in Series B funding

Hong Kong startup DayDayCook on Thursday said that it closed a 100 million yuan (US$8.6 million) round in venture capital financing, as it looks to expand into mainland China.
The 100 million yuan Series B round was led by the Alibaba Entrepreneurs Fund, an investment unit of Alibaba Group, and Hong Kong businessman Adrian Cheng.
The latest fundraising round follows a previous 35 million yuan Series A+ round also led by the Alibaba Entrepreneurs Fund last year, and a previous US$5 million…
July 13, 2017 at 06:25PM http://ift.tt/2ud1yha
#3Novices #News #OnlineMedia #China 3Novices China

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