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
News By | 10 July 2018
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…