China Digest: IDG leads Series A+in Freemud; Sequoia, Baidu back Conflux

China Digest: IDG leads Series A+in Freemud; Sequoia, Baidu back Conflux

Photo: Hitesh Choudhary/Unsplash

IDG Capital has led a Series A+ financing round in China’s mobile payment solutions provider Freemud while Singapore-based blockchain developer Conflux Foundation has raised $35 million from investors including Sequoia China and Baidu Ventures.

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