Qinbaobao, operator of a platform for baby videos and photos, has raised an eight-figure amount in a series B round led by conglomerate Fosun.
Qinbaobao, a China-based social platform for parents’ media content, has secured an eight-figure dollar sum in a series B round led by conglomerate Fosun Group, according to China Money Network.
The round also featured venture capital firm Shunwei Capital, which reportedly participated as an existing investor, though no precise details of its earlier investment have been disclosed.
Founded in 2013, Qinbaobao runs a social platform where parents can upload and share photos and videos of their babies. The service, which…
