Bertelsmann Asia Investments took part in a series B round that will be used to expand the apartment manager's services and develop its big data technology.
Danke Apartment, the China-based operator of an online apartment rental platform, has raised $100m in series B funding from investors including a subsidiary of media conglomerate Bertelsmann, China Money Network reported today.
Bertelsmann Asia Investments (BAI) was joined by private equity and venture capital firm China Media Capital and VC firm Banyan Capital, which co-led the round, as well as fellow venture firms Vision Plus Capital, Youjin Capital and Joy Capital.
Founded in 2015, Danke manages almost 80,000 apartments across…
