IDG, MorningSide Lead $20M Series B In Maimai.Cn

Beijing-based mobile social app developer has completed US$20 million series B financing led by IDG Capital and MorningSide Ventures, according to Chinese media reports. previously received US$5 million from MorningSide Ventures last year.

Established in 2013, helps users discover new friends by analyzing their contacts and their Chinese social media postings.

The app has established a total of 40 billion “social links” and the information of 200 million personal business cards. It provides a platform for career professionals to develop business social networks.

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