Comment on Recommendation Tech Startup Baifendian Secured $10 Million Financing by Big Data-based Recommendation Solution Provider Baifendian Raises US$25M of Series C Funding | Platum

['Emma Lee', 'More Emma Lee', '.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 2013-07-26 00:00:00

Baifendian.com, a recommendation technology startup, secured $10 million of Series B financing from East Sky Investment and IDG Capital Partners (announcement in Chinese). The company has previously received $7.20 million of Series A financing from IDG and Mingxin China Growth Fund in July 2011. Baifendian Recommendation Engine and Baifendian Analysis Engine, two products based on big data technologies, are providing services to more than 550 enterprises, including QQ shopping navigation, Yihaodian.com, VANCL.com, China Mobile, Vipshop.com, etc. Baifendian announced that it will expand business to big data management and application. The company plans to construct a big data management platform which includes user data from different platforms, such as social media and mobile terminals.