Private equity firms Orchid Asia Group and TPG have led a US$110 million series C round in Chinese enterprise solution provider Duiba, according to the latter’s announcement released today. Founded in 2014, Duiba Group provides solutions for companies to obtain and manage users on their apps. The company operates a SaaS platform Duiba and an interactive advertising platform Tui’a. Duiba launches marketing campaigns such as giving away red packets – or small monetary rewards – on WeChat to help businesses …

TPG, Orchid Asia Co-Lead $110M Series C Round In Chinese SaaS Firm Duiba appeared first on China Money Network.