Kovurt VPN

Legend Holdings Invests In Chinese Social Mobility Company

Legend Holdings announced a USD58.5 million strategic investment in Social Touch, a corporate mobile social marketing solutions provider in China.

Social Touch, which was formerly known as ShiquTech, was established in 2011. As a social management system, service and data solutions provider, the company mainly focuses on providing Social CRM solutions to enterprises.

Commenting on this investment, Legend Holdings said that they are optimistic about the mobile marketing industry. They believe that the enterprise service market, especially the marketing sector, has large growth space and investment space; and new industrial giants may rise from this sector in the future.

Prior to the investment in Social Touch, Legend Holdings had invested in several Internet enterprises, including Lakala.com, Eloancn.com, and Ync365.com.

This content was syndicated with the permission of the copyright owner ChinaTechNews.com. Re-publication or re-syndication of this content without the express written permission of ChinaTechNews.com is illegal. Please contact ChinaTechNews.com if you would like to re-syndicate the content of this page.

Leave a Reply

If you want a picture to show with your comment, go get a Gravatar.