Dinghuobao

Dec 20, 2017

U.S. Dollar and China Yuan notes are seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration December 19, 2017 The latest in the deals space in China has seen B2B online ordering management system provider Dinghuobao raise $23 million in Series B round while Langying Education has received a Series A funding. Dinghuobao raises $23m led by Sino-i-Technology B2B online ordering management system provider Dinghuobao has raised 23 million in Series B round of funding. The round was led by Sino-i-Technology Ltd, according to China Money Network report. Dinghuobao provides mobile and digital solutions for purchasers and suppliers. Sino-i Technology is a company listed on The Stock Exchange of Hong Kong. The company’s main business is to provide e-commerce and informational operation services for SMEs in China. It employs around 8,000 employees working in 120 branch offices in 80 cities nationwide. Langying Education gets Series A funding Shanghai-based online English language education system developer Langying Education has received tens of millions of RMB. National Small and Medium-size Enterprises Development Fund (Shenzhen Guozhong Venture Capital Management Co., Ltd) led the round, according to a China Money Network article. Langying Education provides learners with a comprehensive online education evaluation and service platform, as well as personalized education solutions. National SME Development Fund is a special fund of RMB60 billion (US$9.4 billion) which supports small and medium-size enterprises (SMEs) in the country. The fund focuses on providing early-stage and growth capital to small and medium-size enterprise across China. Also Read: