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Matrix-Backed 91Jinrong Acquires Venture-Backed DemoHour
Aggregated Source: China Money Network
fundraising copy 7Chinese online financial intermediary 91Jinrong has acquired DemoHour, once the largest crowdfunding platform in China, according to Chinese media reports. Financial details were not disclosed. 91Jinrong, which received around RMB200 million (US$32 million) investment from Haitong Capital, CBC Capital and Matrix Partners in 2014, plans to integrate DemoHour into its own crowdfunding platform. Launched in […]

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