Chinese e-comics app Kuaikan, which has 50M MAUs, raises $240M Series F from CCB International, Tencent, and others, source says at a $1.25B valuation (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:
Chinese e-comics app Kuaikan, which has 50M MAUs, raises $240M Series F from CCB International, Tencent, and others, source says at a $1.25B valuation  —  - Comics apps valued at $1.25 billion, a person familiar says  — Kuaikan is also backed by the likes of Coatue and ByteDance