There were 116 crowdfunding platforms (excluding those for nonprofits) in China as of the end of 2014, up from 78 a year ago, according to a report on China’s crowdfunding market by online financial product search service Rong360. Of these, 27 are equity crowdfunding sites.

A total of RMB915 million (about US$148m) was raised through crowdfunding sites in 2014, according to the Rong360 report.

*

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Tracey Xiang

Tracey Xiang is Beijing, China-based tech writer. Reach her at traceyxiang@gmail.com