Blued, a Chinese gay dating app, says it has received US$30 million series B round of financing led by venture capital firm DCM, according to a statement on its official Weibo accout. The latest round of financing will be used to recruit more talents and improve product and services, says Blued's founder, Geng Le. David […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.