Event introduction: In January 2011, Massamazo recently announced the completion of Series B financing, led by Northern Light Venture Capital, but the specific amount is unknown.
It is reported that the proceeds from this financing will be used to expand the market, strengthen the brand, maintain scale and rapid growth, thereby further consolidating its market leading position.
Event introduction: On July 7, 2011, the domestic group buying website Meituan announced today the completion of Series B financing of US$50 million. The investors were Alibaba, Northern Lights, Walden International and Sequoia Capital, of which Sequoia Capital was an American company.
An investor in Tuanwang’s first round of financing.
Event introduction: According to news on October 28, 2010, Weiluo City founder and CEO Zhang Yibin confirmed to NetEase Technology that it had received tens of millions of dollars in investment from three venture capital investors, Northern Lights, Kleiner Perkins Caufield & Byers and Greylock, at the beginning of the year.
This is the third round of financing after 2007 and 2008, and it is also the largest amount of financing for Weiluo City.
Zhang Yibin said that an interactive platform between sensor terminals and mobile phones has been established, which can combine offline and online marketing.
This move is also the first major change since the establishment of Weiluo City.
Event introduction: In October 2013, it was reported that the P2P company Dianrong.com had reached an investment agreement with Northern Light Venture Capital and completed a Series A financing of US$10 million.
Dianrong.com was officially launched in March 2013.
As of the end of November 2013, its total transaction amount exceeded 100 million yuan, and the number of registered investors exceeded 10,000.
The difference from many P2P structures is that Dianrong insists on putting risk control management and platform security first. From the beginning, it has utilized the mature system and management experience of the American P2P company Lending Club.
One of the company's founders, Su Haide, is the co-founder and former chief technology officer of LendingClub. The operating team is mainly senior managers in the financial industry, and is managed by Oriental Asset Management, one of the four major state-owned asset management companies.
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