A new platform launched by internet giant Tencent enables social enterprises in China to diversify their funding streams and reach vast audiences
When the Chinese social enterprise La La Shou decided to create a club and host an annual conference for its beneficiaries, it turned to a new crowd-funding platform launched by Chinese internet giant Tencent to raise the needed funds.
La La Shou, which provides training, consulting and advocacy for disabled children, their parents and teachers in the city of Xi’an, applied to join the scheme in September. It uploaded its proposal and business plan on Tencent’s public welfare page and launched a social media campaign which netted it RMB 50,000 (£5,000) by encouraging 47,000 people to re-tweet its messages in less than two months.
Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.
YTD: Jan 1, 2026 - Oct 26, 2026 vs Jan 1, 2025 - Oct 26, 2025
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Number of Filings131Prior 126 +4.0%
Target Raise, Total$3.40BPrior $3.54B -3.9%
This YTD
Year prior
Change
Filings
131
126
+4.0%
Target raise
$3.40B
$3.54B
-3.9%
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This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.
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