WeiChaiShi Closes $3.2M Financing

WeiChaiShi, a Chinese mobile crowdtasking platform, closed a $3.2m round of financing.

The round was led by ClearVue Partners with participation from Nokia Growth Partners.

The company intends to use the funds to expand its team, build its partner network and add new features.

Launched in January 2014 by Henry Pei, CEO, WeiChaiShi  provides an app that connects businesses in China to an on-demand mobile workforce who are compensated to use their mobile phones to collect, capture, and report real-time data. As of May 2014, the company has over 100 global clients including Coca-Cola, BMW, Lenovo, Nielsen, AutoNavi, Nestle, and Baidu with a network of over 400 cities in China.

According to the company, users can earn about 5,000-6,000 Chinese yuan (US$809-971) a month by completing tasks via the app.

FinSMEs

15/09/2014

 

 

 

 

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