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Chinese Bike-Sharing Firm Closes $58M Series C Investment From Black Hole Capital

by dealstreetasia.com posted 1year ago 503 views
Black Hole Capital is a venture firm founded by Zhang Liang, the son of Chinese property giant R&F Properties’ co-founder Zhang Li. The latest round places a post-money valuation of Bluegogo at RMB1 billion ($140 million). Founded in 2014, Black Hole focuses on the Internet and mobile Internet, hi-tech, smart hardware, consumer goods and services, as well as healthcare sectors.