Rumor: Chuizi Lands RMB 150 Mln Series B Funding

36Kr, 3/20/14

According to an industry insider, Beijing-based Chuizi Technology, developer of the "Smartisan" mobile operating system, will soon complete RMB 150 mln in second-round funding. Negotiations are still underway, with the exact investment figure to be officially released next month.

Chuizi founder Luo Yonghao revealed yesterday on his personal microblog account that the company will release its first mobile handset May 20, priced between RMB 2,500 to RMB 3,000.

Editor's Note: For more background on this topic, please see "Mobile OS Developer Chuizi Completes RMB 70 Mln Series A" MD 12/16/13 issue.

Keywords: smartphone mobile OS handset funding wireless second-round Luo Yonghao Chuizi Technology Smartisan

Feedback

Sending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily