[ Tantan raises $70M in Series D ]

Tantan has raised $70 million in Series D funding led by YY.com.

Founded in 2014, Tantan  works the same way as the U.S. dating platform, which utilizes a location-based social search mobile app that facilitates communication between mutually interested users.

Tantan is considering an IPO at the end of this year, according to the reports.

Funding  Series D
Founded  2014
Country  China
City  Beijing
Founder / CEO  Wang Yu
Deal Size  $70M
Investors  YY.com
Previous Investors  DST Global
 LB Investment
 Bertelsmann Asia Investment Fund
 GX Capital
 DCM Ventures