Author: Small Chun
On August 12, according to domestic media reports,Knowing that it has completed about $450 million in F-round financing, this round of financing is jointly invested by Fast Hand and Baidu, which is the largest round of financing to date.
At present, the official, fast-handed, and Baidu companies have not officially announced the matter.However, people close to Baidu confirmed the authenticity of this news.
In September 2018, Zhou Yuan, the founder and CEO, said in an interview with the media that by the end of August 2018, the number of registered users had exceeded 200 million. According to official data, compared with 120 million users at the end of 2017, its user growth in the first three quarters of 2018 has exceeded 80 million, and the base has expanded while maintaining rapid growth.
In addition, it is known that in just 2018, a round of $270 million in Series E financing was completed. In the E round of financing, it is known to position itself as a national knowledge content platform, aiming to easily obtain reliable answers for hundreds of millions of Chinese Internet people. The data shows that while maintaining the high quality of the content, it touches and affects more mass users.