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Qianhai FOF led a $122m round in Soudian.

Synopsis

Qianhai FOF, a fund of funds, led a $122m round in Soudian, a takeaway power bank rental startup for smartphones. Other investors include CITIC Securities, a provider of securities services, and Oriental Fortune Capital, a venture capital investment firm. The company will use the proceeds to spruce up market development and product innovation. Soudian is looking to expand its power bank rental services beyond smartphones.

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