According to people familiar with the matter, HeyTea is about to complete a new round of financing, jointly led by Hillhouse Capital and Coatue Capital. The post-investment valuation may exceed CNY 16 billion.
EqualOcean is an information service provider and investment research company that aims to become a global platform for industrial innovation. Founded in February 2014 and headquartered in Beijing, with a client network covering over 50 countries, the firm provides comprehensive professional services, including industry research, investment analysis, innovation consulting, data products, corporate branding and international strategy.
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