China secondary ticketer Ferris Wheel raises $15m
Money continues to pour into the nascent Chinese ticket resale market, as Ferris Wheel Ticketing becomes the second secondary site in six months to score VC investment
News By | 13 June 2017
Chinese secondary ticketing site Ferris Wheel Ticketing has secured US$15 million in series-B funding from a consortium of Chinese and American investors.
The funding round is led by Liaoning-based venture-capital firm Blue Lake Capital, with Chinese companies Matrix Partners China, Nanshan Capital, K2VC and Zhen Fund and California-based DCM Ventures also participating, according to Chinese media.
According to China Money Network, Ferris Wheel Ticketing – until recently known as Niumowang Ticketing – currently sells around 60,000 tickets, with…
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