Venture Capital
Tencent Holdings Ltd. and BlueRun Ventures have led a RMB160 million (US$24 million) series A round in Shuidi, a crowdfunding platform within Tencent’s WeChat mobile app that helps people gain financial assistance to cover healthcare bills. Sinovation Ventures, Banyan Capital, IDG Capital, Meituan-Dianping and Tongcheng Foundation also participated in the round, according to a company announcement. Shuidi was founded in 2016 by Shen Peng, a co-founder of Meituan Waimai, the food delivery platform operating under Chinese on-demand services giant Meituan. … Tencent Co-Leads $24M Round In WeChat Healthcare Crowdfunding Platform Shuidi appeared first on China Money Network.