China’s Moretickets raises another $60m

The Chinese secondary ticketer, née Ferris Wheel Ticketing, welcomes new investment led by TPG to take its total funding to US$100m

© TPG Capital Asia

Chinese discount ticket resale platform Moretickets has raised a further US$60 million in a series-C funding round led by CAA investor TPG Capital.

TPG Growth – the middle-market/growth capital division of TPG Capital, the majority owner of Creative Artists Agency – joins Hillhouse Capital and existing investors DCM, Matrix Partners, Blue Lake Capital and Nanshan Capital in the investment round, which brings Moretickets’ total funding to $100m.

The company, then called Ferris Wheel Ticketing, raised $15m in a series-B round in…

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