Crowdfunding, a method of funding a project or venture through donations via an online platform, has become a popular way to raise investments in the West. In China, however, it remains a relatively nascent industry. By the end of April 2016, there were a total of 332 crowdfunding platforms in China compared to 344 in the U.S. by the end of 2013.
However, China's potential for growth in the industry is enormous. According to estimates by the World Bank in its 2013 Crowdfunding's Potential for the Developing World report, China is estimated to generate US$50 billion, or 52 percent of the...
The comment you're trying to see no longer exists.
Republic does not verify information provided by companies on this Portal and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Portal can be found by searching the EDGAR database.