Cooperation
info@th-cap.comBeijing Office
18F, China World Office1,No.1Jian Guo Men Wai Avenue,Chaoyang District, Beijing 100020, ChinaJoin Us
hr@th-cap.comShanghai Office
Building 5, Yiyuan, Lane 506,Jianguo West Road, Xuhui District,Shanghai 200031, China
Kaishu Story has raised USD66 million in Series C+ round
2020-02-26
Beijing-based online content provider Kaishu Jianggushi, also known as Kaishu Story, has closed its USD 66 million Series C+ round led by Trust Bridge Partners and joined by Singapore-based Temasek.
The company’s Series B round investor Loyal Valley Capital also contributed funds. The investment was sealed only months after the firm closed its USD 50 million Series C round led by Baidu in July 2019.
Kaishu Jianggushi was set up in 2014 by Wang Kai, a former presenter at China’s state-run television network CCTV. It offers free or paid audio content of children’s stories via its app and WeChat account. The firm also allows its users to participate in group purchases of various products, including books, toys, and telescopes.
