Comment on Food SNS Douguo Raise US$ 1.54 million in Shanda Funding by Foodie Cookbook App Douguo Poised to Commercialize Its Interactive Community - TechNode

['Yasmin Li', 'More Yasmin Li', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] Comments for TechNode 2011-06-29 00:00:00

June 24, China’s first and one of the largest food recipe sharing SNS Douguo.com announced the winning of first round funding of up to RMB 10 million (US$ 1.54 million) from Chinese online game vendor Shanda Interactive, which is a record high in the food SNS field and the first investment made by Shanda in such area. According to Mr. Wang Yuxiang, the funding will be used for the development of new products, upgrading of user experience and recruitment. First founded nearly four years ago, as the first Chinese food community, Douguo rapidly grows as a leader of food SNS and remains committed to its initial three goals. • Goal #2: expanding online community and mobile client. • Goal #3: developing the food community, increasing interactive functions, advocating food DIY.