China: CMC, HG Capital invest in Newrank; National SMEs Fund backs Tianyancha

China: CMC, HG Capital invest in Newrank; National SMEs Fund backs Tianyancha

Photo: Pixabay

CMC Capital, and HG Capital participated in a $26 million investment round in social media content ranking platform Newrank, while China’s National SMEs Fund led an $18 million funding round in business data and investigation platform Tianyancha.

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