Shenzhen-based Chinese restaurant chain MuWu BBQ has received RMB100 million (US$16.3 million) financing led by Tiantu Capital. In return, Tiantu will obtain 15% of MuWu BBQ and become the company’s second largest shareholder, according to a Wechat message posted by the company’s founder Sui Zhengjun. It’s unclear which round of financing the latest investment is. […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.