Yooli: Morningside Leads Series B Funding For China's Yooli.Com

Beijing-based Chinese peer-to-peer financing platform Yooli.com says it has received series B financing amounting to tens of million U.S. dollars from Morningside Ventures, according to Chinese media reports. The company says it will use the proceeds on developing new products, upgrading its IT and risk management systems, as well as hiring new talent. In November […]Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.