China's Baidu-backed children storytelling brand Kaishu Story nets $66m

China's Baidu-backed children storytelling brand Kaishu Story nets $66m

A screenshot of the Kaishu Story mobile app interface.

Kaishu Story, a Chinese online children storytelling brand backed by Baidu, has gathered $66 million in a Series C+ round of financing led by China-focused private equity firm TrustBridge Partners.