Jianpu Technology, the Chinese financial comparison site poised to list later this year, has been stripped of its status as a “unicorn” worth $1bn after regulatory filings revealed it had inflated the funds raised from investors.
Jianpu’s filing is the latest to raise questions over the veracity of fundraising claims by Chinese private companies, a flurry of which are now heading to market.
Peer-to-peer lender Ppdai’s fundraisings detailed in its filing also fall short of earlier disclosures, according to calculations by Crunchbase, which collates its data from a variety of mostly publicly available channels, including US Securities and Exchange Commission documents.
您已阅读20%（673字），剩余80%（2650字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。