New fundings in China on May 5, 2017

Zhulegeqiu (猪了个球), a 0.5-year-old Jiaxing-based basketball-rental startup, has raised an eight-digit RMB Series Pre-A backed by Modern Capital (马笛尔创投).

XY Entertainment (星游娱乐), a 4–year-old Beijing-based KOL agency, has raised RMB 10 million in Series Pre A funding backed by Chenfan E-commerce (宸帆电商).

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Sheila Yu

Sheila Yu is a Shanghai-based technology writer. She brings readers the biggest news from Chinese language tech media. Reach her at sheila@technode.com.