Shenzhen-based maternal and infant social networking platform Lamabang.com has completed US$100 million series C financing led by online shopping site Vipshop, according to a company announcement. The round values the company at US$1 billion. Matrix Partners China, Greenwoods Asset Management Limited, and Morningside Ventures also participated in the financing. In July 2014, the company received […]

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.