Cathay Capital Private Equity Leads a Series D Round for Meet You (Asia)
Source: Asian Venture Capital Journal | Author(s): Winnie Liu
Cross-border private equity firm Cathay Capital Private Equity has led a Series D financing round for Meet You, a China-based social networking platform for women. Cathay Capital, which structured its investment through its Sino-French Innovation Fund, was also joined by venture capital firm Matrix Partners. Meet You is operated by Xiamen Information Technology and intends to use the funds to transition from a social networking platform to a female-oriented e-commerce website. Financial details of the transaction were not disclosed.