SBCVC has participated in a RMB200 million (US$30 million) venture round in Gongzi Qianbao, a mobile Internet financial services product helping companies and staffers manage salary payment and other personal financial services needs. According to an announcement, Shanghai-based Gongzi Qianbao previously raised an undisclosed strategic investment from SBCVC in September 2015. "The company has become […]

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