2021-01-08 Company Announcement

VMS invested company TalkingData announced having obtained around USD 100 mil new investment

TalkingData (“TD”), a China leading intelligent data service provider, announced the completion of its new round of financing totaling around USD 100 million, which was led by a strategic investor CR Data Fund, a subsidiary of China Resources Capital. The proceeds will be used for the Company’s intelligent data platform upgrading with a view to enhancing the systems of client sales and services in different sectors; providing better services to corporate clients on digitalized data intelligent products and services during transformation.

VMS invested in 2015 and 2017 for the Company’s Series A and E round of fundraising.

If you would like to hear the latest updates on the Firm and the Fund, please feel free to contact our Investor Relations team at IR@VMSIG.COM.

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