Another Chinese co-working space start-up has raised venture funding. CDH Investments has led a RMB200 million (US$30 million) series A round in Shanghai-based Fountown, a WeWork copycat. Gopher Asset Management and Huazhu Hotels Group also participated in the round, which reportedly values the 17-month-old start-up at RMB1 billion. Founded in April 2015, Fountown currently operates […]

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