Xiaomi, SIG back Lanwan and 11 more deal updates from Greater China worth over $400m

Beijing Lanwan Boyue Technology, a new-generation digital content distribution platform, said on Friday that it has secured ‘tens of millions of US dollars’ in its Series C round of financing.

The round roped in strategic investors such as Xiaomi Corporation, Chinese online service provider Xunlei, besides existing investor SIG. Lighthouse Capital served as the financial advisor for the deal, it said in a WeChat post.

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