Yeahmobi's team in Xian, China.
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China’s Yeahmobi raises $100 million to expand mobile ad network

  • Posted byby Dean Takahashi
  • Updated
  • 1 min

Mobile advertising network Yeahmobi has raised $100 million in funding for expansion of its business around the globe.

The Xian, China-based company raised RMB ￥639 million (about $100 million), and it is now valued at about ￥5 billion (about $720 million). The company will use the money as working capital for its mobile ad business and as a reserve fund for future acquisitions. Investors in the private placement include Beijing Bohai Tongxin Private Equity Fund (RMB 120 million), Nanjing Huawen Hongsheng Startup Investment Fund (RMB 100 million), Shenzhen Qianhai Bochuang Private Equity Fund (RMB 60 million), and 11 others.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.