Chinese gaming firm Quwan Network bags $100m from Matrix Partners China, Orchid
Chinese gaming firm Quwan Network bags $100m from Matrix Partners China, Orchid Customers at an internet cafe play online games in Beijing. Photographer:Nelson Ching/ Bloomberg February 2, 2021 Chinese social gaming and internet company Guangzhou Quwan Network Technology Co.,Ltd has announced the completion of a $100 million Series B round funding from Asia-focused investment firm Orchid Asia and existing investor Matrix Partners China, the latter investor announced on Monday. Quwan had raised an undisclosed Series A round led by Matrix Partners China in April 2020. The development comes as C...
Source: dealstreetasia.com