Can you recall the last time you made up your mind about exercising and then gave up the next day? Despite the ongoing struggle to keep their exercising routine, more and more Chinese people want to keep fit, at least that’s what some tech companies and investment firms that backed them believe.
Chinese fitness app Keep closed a $126 million series D funding on June 10, led by Goldman Sachs and followed by Tencent, GGV Capital, Morningside Venture Capital, and Bertelsmann Asia Investments (BAI), all of whom had funded Keep before, according to GGV Capital.
Founded in 2014, Keep is a mobile fitness community that provides online fitness training programs. The app also enables users to share pictures and videos. The company reached 100 million registered users in August last year and claims it’s the first Chinese fitness app to achieve this milestone.
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