The round was co-led by corporate venturing units Fosun Kinzon Capital and IDG Capital, with the mobile marketing company raising an eight-figure dollar amount.
China-based mobile marketing technology producer ZMT Zhongmeng has raised hundreds of millions of renminbi (RMB100m = $14.5m) in a series B round, China Money Network reported on Thursday.
The round was co-led by Fosun Kinzon Capital and IDG Capital, respective investment vehicles for conglomerate Fosun and media company International Data Group, and electronics manufacturer Jingsheng Technology reportedly also took part.
Established in 2015, ZMT Zhongmeng uses big data to offer mobile marketing services for areas such as the automotive, education,…
