# Peach Planet (Dalian) Network Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/peach-planet-dalian-network-technology

- Industry: Consumer Services
- Headquarters: Dalian, China
- Total disclosed funding: $12M
- Latest round: Series B (Jun 2, 2021)
- Investors on record: 1

## About

Established in 2019 and based in Dalian, China, Peach Planet (Dalian) Network Technology is O2O consumer subsidy platform that provide consumption subsidy to consumer. The platform received $12 million in Series B financing in 2021.

The platform provides offline store discounts for customers and promotion services for business via online Wechat official account and mini program. The discount can be used in 99% of chain stores within China. The company established cooperation with more than 9,000 cinemas and more than 30,000 restaurants in one month after establishment.

The company charges 6% commission fees of the orders for businesses.

The company will utilized the funding for AI technology development and market expansion.

## Funding rounds

- Series B, Jun 2, 2021, $12M — Sway Capital

## Investors

- Sway Capital (https://capitalatlas.ai/funds/sway-capital) — Series B