The music stage to complete the D round of 235 million financing of the first series

June 15th news, today announced the music stage has been completed D round of financing of $235 million the first series.

it is understood that this round of financing from the venture capital, and Hua Sheng (CoBuilder Partners) and a large domestic insurance agency led investment. The rest of the investor and the amount of investment in investment will continue to be announced after the completion of the current round of financing, Huaxing capital acted as exclusive financial advisor.

 

public information, staged music was founded in 2013 in Shenzhen. As of April 2016, has more than 8 million registered users, in 2015 the annual sales exceeded RMB 10 billion, single month sales exceeded $2 billion.

inception, Xianfeng Changqing (original music by staging Xianfeng Huaxing) in March 2014, won the angel round of financing; Jingwei Chinese led tens of millions of dollars A round of financing; in December 2014, obtained by DST (Digital Sky Technologies) lead investor, Bertelsmann, with the investment of $100 million B round of financing in March 2015, a group of Jingdong; C round of strategic investment.

recently, stage music still voted in India Bangalore students staging platform for KrazyBee200 million in seed funding round, Xianfeng Changqing and YeahMobi with the cast.

founder and CEO Xiao Wenjie said, "this round of funding will accelerate the expansion to the whole population stage music business, music and stage will also increase investment, build perfect risk management system, strengthen brand building".

June 15th news, today announced the music stage has been completed D round of financing of $235 million the first series.

it is understood that this round of financing from the venture capital, and Hua Sheng (CoBuilder Partners) and a large domestic insurance agency led investment. The rest of the investor and the amount of investment in investment will continue to be announced after the completion of the current round of financing, Huaxing capital acted as exclusive financial advisor.

 

public information, staged music was founded in 2013 in Shenzhen. As of April 2016, has more than 8 million registered users, in 2015 the annual sales exceeded RMB 10 billion, single month sales exceeded $2 billion.

inception, Xianfeng Changqing (original music by staging Xianfeng Huaxing) in March 2014, won the angel round of financing; Jingwei Chinese led tens of millions of dollars A round of financing; in December 2014, obtained by DST (Digital Sky Technologies) lead investor, Bertelsmann, with the investment of $100 million B round of financing in March 2015, a group of Jingdong; C round of strategic investment.

recently, stage music still voted in India Bangalore students staging platform for KrazyBee200 million in seed funding round, Xianfeng Changqing and YeahMobi with the cast.

founder and CEO Xiao Wenjie said, "this round of funding will accelerate the expansion to the whole population stage music business, music and stage will also increase investment, build perfect risk management system, strengthen brand building".

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