Comment on Ticket Service Gewara Announced $20 Million of Series C Financing Led by CDH Investments by Ticket Service Gewara Pockets US$32M 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 2013-10-29 00:00:00

Gewara, an entertainment ticket service, announced $20 million of Series C financing led by CDH Investments (report in Chinese). The company previously received 2 million yuan ($326,590) of Series A financing from Shanda Capital and tens of million yuan in Series B financing from CDH Investments and Shanda Capital. Gewara started as an online movie ticket seller when founded in 2007. The company has recorded profits in 2012 with a turnover of 470 million yuan, according official data released by the firm. Moreover, the company planned to cooperate with movie producers to provide movie promotion services via in-house or third-party channels.