Peanut Diary Won 300 Million Yuan A+ Round Financing Will Open Up New Business

On August 20th, the social networking peanut journal announced that it had completed a new round of 300 million yuan A+ round financing in the 2nd anniversary activity with the theme of "creating new generation".

Yang Xianqiang, founder and chairman of the company, said the company will develop new business modules such as travel and knowledge payment, and launch the "supernova" program to provide 100 million yuan subsidy to help super members grow.

In addition, zenna, senior operational director of the peanut diary, introduced the "peanut class representative" of this year's development. She said that the original intention of the project is to enable more parents and children to enjoy online education products, break through the boundaries of location and promote educational equality through social sharing. In the future, the peanut diary predicts that the peanut class representative project will achieve 10 billion GMV, so that 10 million mothers share 2 billion bonus.

According to the media, the peanut diary was founded in 2017. It was originally a ticket platform combining Taobao customers. It also sold and sold products through social relations chain to get rebates. As of July this year, the peanut diary has 60 million registered users, with a total turnover of 42 billion yuan.