Tulip media raised $30 million to go to NASDAQ listed

Source: ChinaVenture Author: Young

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ChinaVenture Beijing on April 19th news, tulip media announced in late March by Credit Suisse third investment of $30 million, the company opened up NASDAQ listing process in the near future.

Tulip media official said, the company officially entered the field of outdoor LED large screen in June 2005, has been in Beijing, Shanghai, Guangzhou and other 12 core cities to build a national LED large screen network.

It is reported that the tulip media won the French and American Chinese tachco flat fund two joint funding of nearly $40 million, the company has three cumulative total financing of nearly $70 million.

Tulip media is an outdoor LED large screen leader in China, the total operating area of the LED screen has more than 10000 square meters.