Categories: Social Media News

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.

Social Media Asia Editor

Recent News

Harbadus attacks Andvaria: cyber war game tests Nato defences against Russia

Russia and China were barely mentioned, but they were the threats in everyone’s minds in…

6 hours ago

Four civilians killed in fresh Afghan-Pakistan border clash

KANDAHAR, Afghanistan: An overnight exchange of fire at one of the main Pakistan-Afghanistan border crossings…

6 hours ago

Virtual Guest: Singapore Envoy Attends Staff’s Wedding On Video Call As IndiGo Cancels His Flight

New Delhi: Mass cancellations of IndiGo flights across several cities in India have left thousands…

6 hours ago

Michigan neurosurgeon shares why ‘Japanese people live longer’: And it’s more than just diet

Michigan neurosurgeon shares why ‘Japanese people live longer’: And it’s more than just diet ByAkanksha…

7 hours ago

Baba Vanga’s Shocking Prediction: A Major Change Expected in 2026

Baba Vanga 2026 Prediction: Another prediction by the world's most famous seer, Baba Vanga, is…

7 hours ago

Crystal Palace fans are literally fighting each other. How has it come to this?

It should have been a night for Crystal Palace supporters to savour. About 1,500 officially…

7 hours ago