China’s Quora-like Q&A service Zhihu announced today the completion of a 100 million USD series D, our sister site TechNode Chinese is reporting. The funding would boost the startup to unicorn status with a valuation of over 1 billion USD, according to Kaifu Lee, renowned Chinese startup guru and early-stage backer of the company.

Investors of the round include Capital Today, a reputable VC firm that has invested in NetEase, JD, and Meituan-Dianping, as well as several current investors like Tencent, Sogou, SAIF Partners, Qiming Venture Partners, and Sinovation Ventures.

Launched in December 2010, Zhihu is the go-to place for Chinese internet users who want to seek expert insights into various areas. Originally started as an invitation-only Q&A platform for tech-savvy and entrepreneurial minds, it opened registration in 2013 to everyone. Since then, its topics have diversified to cover popular topics from movies, games, and culture, as well as IT and finance.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.