SAIF Leads Series A Round For Social Ticketing Platform Huodongxing

Beijing-based social ticketing platform has raised tens of millions of U.S. dollars in series B financing, according to Chinese media reports.

SAIF Partners led the round. Existing investors Qualcomm and DCM also participated.

The company previously received several millions U.S. dollars series A funding from Qualcomm and DCM in 2011.

Founded in 2011, Huodongxing provides cloud solutions for event hosting and online registration services to customers from individuals to commercial organizers.

Huodongxing belongs to Taiwai-based Accuvally Inc., which has another social ticketing platform Accupass in Taiwan.

China Expert Network