Start-up Allowing Users to Get Paid for Asking or Answering Questions Raises US$ 25 Million

(Beijing) – An online question-and-answer service, which attracted over 10 million users in just over one month, raised US$ 25 million in its first round of fundraising, the company's founder and CEO said.

Fenda, a service similar to Quora but with an added twist – allowing users to make money by asking or answering questions – is valued at over US$ 100 million after the capital injection, said Ji Xiaohua, head of Guokr.com, an online science and technology community, that started the new service on May 15.