Social Touch raises USD60m in Series D financing

Social Touch said it announced its series D financing, around USD60 million, led by Legend Holdings Corporation (3396.HK).

With this round of financing, Social Touch will invest more in marketing SaaS, big data analytics, mobile advertisement and attract more talents.

Founded in 2011 and based in China, Social Touch has more than 800 talents providing a full-range of marketing related services including strategy, marketing SaaS, big data analytics and mobile advertisement management.

As a leading investment group in China, Legend Holdings adopts the framework of parent-subsidy corporate structure with active and systematic layouts. With two major businesses of strategic investment and financial investment, it promotes the linkage and resource sharing between these two businesses and constantly optimizes the investment portfolio.