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Uoolu.com completes A+ round of financing of RMB 50 million led by Meridian Capital

2017-6-16 17:00:14

Uoolu.com, an online overseas real estate investment platform, announced the completion of A+ round of financing of RMB 50 million led by Meridian Capital. After this round of financing, Uoolu.com will continue to enhance overseas real estate investment services for domestic customers and will establish an overseas asset opening platform through Uoolu+ to further consolidate its domestic position as a global brand and then expand to the overseas asset allocation field.

Recently, Uoolu.com, an online overseas real estate investment platform, announced the completion of A+ round of financing of RMB 50 million led by Meridian Capital, backed by Dragonrise Capital, followed by A round investors Aplus and Cherubic Ventures. Uoolu.com's Founder and CEO Huang Xiaodan said, "After this round of financing, Uoolu.com will continue to enhance overseas real estate investment services for domestic customers and will establish an overseas asset opening platform through Uoolu+ to further consolidate its domestic position as a global brand and then expand to the overseas asset allocation field." Uoolu.com was founded in February 2015 and after more than two years of rapid development, it has become a leader in the overseas real estate investment field. With its slogan "Visit Uoolu.com to be a global landlord" deeply rooted among the people, Uoolu.com has won the favor of numerous users. In June 2015, its official website - Uoolu.com was officially launched. In September 2015, Uoolu.com received angel investment from Prestige Angel and Cherubic Ventures and launched the Uoolu App. In April 2016, Uoolu.com completed A round of financing of RMB tens of million led by Aplus and backed by zhisland and Prestige Angel. In February 2017, Uoolu.com launched Uoolu Steward, an overseas real estate trusteeship service product that offers one-stop overseas real estate trusteeship and information management services such as lease and sale. In March 2017, Uoolu.com officially launched Uoolu+, a global asset opening platform, to facilitate Chinese purchasing power by integrating and attracting global quality assets and service providers through the Internet. In June 2017, Uoolu.com completed A+ round of financing of RMB 50 million led by Meridian Capital. After development of more than a year, users have invested in and managed up to RMB billions of overseas real estate through Uoolu.com and the monthly turnover has amounted to RMB 200 million. Uoolu.com has achieved overall profitability in the fiercely competitive and challenging field of overseas asset allocation.