SNH48 Group 3rd round of capital financing a tremendous success

SNH48 Group recently announced it had completed a 3rd round of investment financing worth several BILLION yuans (1 billion yuan = 150 million USD). This capital will be used to grow the Group as well as drive innovations and new projects.

Kai-Fu Lee, founder of Innovation Works and former head of Google China, explains in a news release why he was an early investor in SNH48 Group and why he sees it growing even bigger and better.

Press Release