China Digest: No Panda Culture gets $10.6m; SoupMaster secures series A

Photo: REUTERS/Jason Lee

Shanghai-based entertainment and culture agency No Panda Culture (Bukongwenhua) has received $10.6 million from private equity firm Hg Capital and Book.weibo.com, while Chinese restaurant chain SoupMaster has secured “tens of millions of RMB” in a series A round led by Lightspeed China Partners.

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