Chinese Space Sharing Start-Up 5Lmeet Raises $60M In Series A Round

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5Lmeet, a space sharing start-up founded by Sequoia Capital China, Zhen Fund, China Equity Co., Ltd and a former China Vanke executive, has raised over RMB400 million (US$60 million) in a series A round led by Junzi Capital and Jinyun Electrical, a small electricity company.

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Nina Xiang is the co-founder and managing editor overseeing editorial content and product development at CMN. Before founding CMN in 2011, Nina worked at BusinessWeek magazine in Beijing and Institutional Investor magazine in New York, writing about business and financial services. While in New York, she also served as part-time correspondent for Shanghai's financial television channel, China Business Network, as well as China Radio International, China's national English-language radio network.