Tencent, URWork and Recruit all made strategic investments in an eight-figure renminbi round for Qualcomm-backed online ticketing platform Huodongxing.
China-based online event facilitator Huodongxing.com has raised an eight-figure renminbi amount (RMB10m = $1.47m) in a series A+ round featuring internet company Tencent, workspace provider URWork and human resources firm Recruit, China Money Network has reported.
Founded in 2012, Huodongxing has built a software platform that organisations can use to plan, promote and sell tickets to their events online.
The funding will be used by Huodongxing to expand into more cities and strengthen its team, in turn forging partnerships with…
