FORTUNE:CITIC Securities, SZVC Lead Series B For

Beijing-based online art trading platform? received undisclosed series B round of financing from?CITIC Securities?and?Shenzhen Capital Group Co., Ltd., according to?a company announcement.

The round values the art trading website at close to US$100 million.

The company previously received undisclosed amount series A investment from Minsheng Banking Corp.

Launched in 2011, has contracted 10,000 artists with 20,000 registered buyers. Its cumulative trading value has totaled RMB100 million.


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