Shudian completed a Pre-A round of financing worth hundreds of millions of yuan.

36Kr learned that recently, "ShuDian" announced the completion of a pre-Series A financing of hundreds of millions of RMB. The round was co-led by Jihe Venture Capital and SAIF Partners, and followed by institutions such as Beijing Information Industry Development Investment Fund, Guangzhou Redbird Qihang Fund, and Shanghai Lingyi Investment. Existing shareholder Legend Capital also continued to increase its investment. The funds raised in this round will be mainly used for product R & D, in-depth exploration of the domestic market, and expansion into the international market.