Greenwoods Leads $16M Series C In HuPu.Com

Shanghai-based online sports information community has received RMB100 million (US$16.1 million) in series C financing led by Greenwoods Asset Management Limited, according to Chinese media reports. previously received several millions of U.S. dollars in series A financing from Morningside Venture Capital in 2007.

It then received RMB40 million (US$6.4 million) in series B financing from Shanghai-based private equity firm Haitong Kaiyuan Investment Co., Ltd in 2012.

Established in 2004, offers sports information, O2O (online to offline) service, sports marketing and sports management services. It currently has tens of millions of active users with average daily number of visits reaching nearly 100 million.

China Expert network