Tencent-backed Chinese news outlet Caixin seeks $200m for growth

Tencent-backed Chinese news outlet Caixin seeks $200m for growth

REUTERS/Aly Song

News outlet Caixin Media Company Ltd, founded by one of China’s most respected journalists, Hu Shuli, is seeking to raise up to $200 million in its latest funding round to finance growth, said two people with direct knowledge of the matter.

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