Corporate-backed eJiaJie approved for China flotation

Mar 2, 2016 • Thierry Heles

China-based household services platform eJiaJie, which counts internet company Tencent as an investor, has been approved for a listing on China’s National Equities Exchange and Quotations (NEEQ), China Money Network reported today.

Founded in 2012, eJiaJie has created an app for homeowners to book household services such as cleaning.

Tencent provided $650,000 in seed capital for eJiaJie in 2013 before returning in 2014 to support a $4m series A round alongside online entertainment company Shanda. The company then secured an…

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