companies has boomed since 2025, citing an industry report.In 2025 alone, about 25 financing events took place, with total funds raised standing at almost 1.45 billion yuan. In the first quarter of 2
e 17 financing events, which raised more than in all of 2025.In March, Shanghai-based Stairmed announced a strategic funding round of 500 million yuan, led by Alibaba and followed by Tencent, marking
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