Beijing-based online animations and comics producer Peking Joyworks Culture & Media has raised “tens of millions RMB” in series A funding led by Milestone Capital, according to Chinese media reports. The specific investment amount was not disclosed. The company says it will use the proceeds on product innovation, editorial team expansion and distribution channels improvement. […]

Visit for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.