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Ferris wheel ticket gets $25 million B+ round financing discount fare is a competitive advantage

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Nowadays, China's online performance ticketing market has basically completed the reshuffle, forming a two-level pattern of the traditional ticketing platform represented by barley and the Internet ticketing platform represented by the Ferris wheel. CEO Cui Jeff said: the Ferris wheel improves the efficiency of the market circulation of tickets, and the relationship with traditional ticketing companies is complementary rather than competitive.

CEO Cui Jeff said: the Ferris wheel improves the market circulation efficiency of tickets, and the relationship with traditional ticketing companies is complementary, not competitive.

original title: "Ferris Wheel ticketing" received $25 million in B+ round financing, and the performance ticketing market reshuffle completed

recently the reporter learned that the performance ticketing trading platform Ferris Wheel performance ticketing Network completed a $25 million B + round financing, which was jointly led by QiMing Venture Partners and Perth Capital, and all the original institutional shareholders followed. Chong Ying Capital acts as the exclusive financial adviser.

previously, Ferris Wheel ticketing was led by Blue Lake Capital, followed by DCM, Matrix Partners China, Nanshan Capital, Qianfeng Changqing and ZhenFund in round B financing, and millions of dollars in round A financing led by DCM, led by Matrix Partners China, and followed by Nanshan Capital with nearly $10 million in A + round financing.

Ferris wheel ticketing founder and CEO Cui Jeff told reporters that this round of financing will continue to be used to optimize products and services, allowing more people to enter the theater with a lower threshold. The discount ticket price of Ferris wheel is the main competitive advantage, but this threshold refers not only to the purchase price, but also to the convenience and speed of the ticket purchase process, whether you can choose the ideal location (access to VR online seat selection technology), whether you can achieve after-sales protection (platform ticket inspection fidelity, no ticket compensation), whether the ticket collection method is flexible, and so on. Ferris wheel hopes to constantly improve the user experience.