Taodangpu Raises $30M in Series B Funding

According to reports (read here), Taodangpu, a Chinese online pawn shop marketplace, raised US$30m in Series B funding.

Backers included BlueRun Ventures, Heli Capital, and Northern Light Venture Capital.

The company intends to use the funds to expand operations.

Founded by Lun Li, Taodangpu is a shopping transaction platform that focuses on the dis-pawned items of pawnshops. The company operates the online store Taodangpu.com and 51dang.com, a peer-to-peer lending web site.



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