Surging News completed the exclusive strategic investment of Series B's exclusive strategic investment of 400 million

Zhongxin Jingwei, August 8th. On the 8th, the surging news announced that it officially completed the round B financing.The Shanghai Cultural Industry Development Investment Fund exclusively invested 400 million yuan to increase its capital to Shanghai Dongfang Newspaper Co., Ltd. (Dongfang Newspaper) to invest in surging news operations.After the capital increase was completed, the above invested in becoming the second largest shareholder.Shanghai Newspaper Group is still the controlling shareholder of Surging News.

Surging News was officially launched on July 22, 2014.It is reported that the surging news will take the O round of financing as an opportunity to comprehensively accelerate the business layout.

The above was jointly launched by the Shanghai Municipal Government, the Pudong New District Government and the Shanghai Industrial (Group) Co., Ltd., and were jointly established by Shanghai Industrial (Group) Co., Ltd. and Shanghai Guosheng (Group) Co., Ltd. and Shanghai Pudong Science and Technology Group Co., Ltd..The total scale is 12 billion yuan, and the first phase is 5.55 billion yuan.(Zhongxin Jingwei APP)

Pay attention to the official WeChat public account of JWVIEW (JWVIEW) to get more elite financial information.

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