The company has revealed a $7.8m series B and $46.6m series C round, the latter featuring Terminus Technologies and the Focus Media-backed Guangkong Zhongying Capital.

China-based gym franchise operator Liking Fit has closed a RMB300m ($46.6m) series C round featuring Terminus Technologies, a provider of internet-of-things products for smart cities, China Money Network reported yesterday.

The round was led by Guangkong Zhongying Capital, a fund established by outdoor advertising company Focus Media Information Technology and financial services firm China Everbright in 2016. Sigma Square Capital and Lightspeed China Partners also took part.

The series C round was announced at the same time as Liking Fit’s…

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