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Chinese insurance lesson startup reels in Tencent and Sequoia

Middle class-focused Xiaobangguihua develop technology and builds brand

The Xiaobangguihua platform offers online courses on how to buy insurance and investment trusts. (Photo by Tomoko Wakasugi)

BEIJING -- A startup that provides online financial consulting for households has raised hundreds of millions of yuan in a series B+ round led by partners of DST Global and Lingfeng Capital. Other investors include existing shareholders Tencent Holdings, Sequoia Capital China and BlueRun Ventures.

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