Tech Company Financing Transactions
55Haitao Funding Round
JJ Capital and private investors participated in a $15 million Series A venture round for 55Haitao. The financing was announced on 2/29/2016.
Transaction Overview
Company Name
Announced On
2/29/2016
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
JJ Capital (Lead Investor)
Proceeds Purpose
The additional capital will continue to fuel our growing editorial content initiatives for 55Haitao.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
3452 E. Foothill Blvd. 800
Pasadena, CA 91107
USA
Pasadena, CA 91107
USA
Phone
Undisclosed
Website
Email Address
Overview
55Haitao is China's largest forum and shopping guide for Chinese cross-border shoppers. Founded by Alan Gu, 55Haitao.com creates and publishes unique Chinese deal content on their blog feed and in their forum where more than 20,000 user-generated posts are created daily.
Management Team
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Where The Data Comes From
We do our best to document every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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