Spring Rain Software Co. Ltd., a Beijing-based mobile healthcare app maker backed by China International Capital Corporation Limited (CICC) and other investors, has reportedly completed a RMB1.2 billion (US$183 million) pre-IPO round and is preparing for an initial public offering. The company, also known as Chunyu Yisheng in Chinese, is planning to spin out its […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.