One of China's secondary ticketing most popular sites has just raised a significant funding round: indeed, Moretickets’ Series C round was worth $60m, led by investment firm TPG Growth.
According to TPG, Moretickets is generating monthly ticket sales of more than RMB 100m ($14.9m), with 90% of the tickets sold going for less than their official price.
The new funding round follows rounds of $15m in June 2017 and $25m in October 2017.
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