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China – LinkedIn rival Maimai raises $75 million in funding round (Technode)
By memberservices@staffingindustry.com (Danny Romero)
Maimai.cn, a Chinese business and career-oriented social networking company, as well as LinkedIn’s biggest rival in China, has raised USD 75 million in a new funding round, reports Technode. The series C funding was led by DCM Ventures and IDG Capital and was supported by job board, Zhaopin, Zhilian Recruitment and Morningside Capital. The company stated that the latest funding round will support the firm’s further market development. Maimai.cn states that it has a user base of more than 30 million registered users with more than 50% from China’s first-tier cities.
Source:: China – LinkedIn rival Maimai raises $75 million in funding round (Technode)
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