Trustbridge Partners Leads $23 million Series A Round In Shanghai Bajiulin

Trustbridge Partners has led a RMB160 million (US$23 million) series A round in Shanghai Bajiulin, a new media and knowledge sharing start-up founded by well-known Chinese financial writer Wu Xiaobo.

Zheshang Venture capital, Toutoushidao Capital and Puhua Capital also participated in the round, which gives the start-up a RMB2 billion (US$29 million) valuation post-money.

Founded in 2014, Shanghai Bajiulin produces video and radio talkshows covering professional financial and business topics. Channel Wu, its flagship video channel hosted by Wu Xiaobo, has attracted over two million followers. Another video program, Datou Channel, has achieved 780 million views in total, ...

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