Chinese Recipe Website Douguo Raises $8 Million
Douguo is a food related startup company that has raised $8 million in Series B funding from August. The undisclosed amount was made public recently by GGV Capital. Douguo has raised a total of $10 million in funding. Douguo raised $1.5 million back in June 2011 from Shanda Interactive.
In 2011 Douguo had around 100,000 original recipes and 100,000 users. Now they have around 6 million users and they have shared 10,000 recipes per month.
[TNW]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry