JD.com has led the elevator advertising technology provider’s latest round, investing together with fellow returning backer Baidu.
E-commerce group JD.com has led a $400m round for China-based lift advertisement service XinChao Media Group, National Business Daily has reported, citing records from financial data aggregator Qixin. Internet technology group Baidu also took part in the round, which made JD.com the largest XinChao shareholderand which valued the company at more than $2bn. The deal…
This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.