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Alibaba s New Carzone raises nearly $200m in Series D round

Alibaba s New Carzone raises nearly $200m in Series D round
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

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China s Synyi AI raises $77m in Series E round led by IDG Capital

China s Synyi AI raises $77m in Series E round led by IDG Capital
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

Zhang shaodianChina international capital corporationSunshine insurance groupNational health commissionLongmen investmentsSharewin investmentSequoia capital chinaXiang he capitalSinopharm capitalசீனா சர்வதேச மூலதனம் நிறுவனம்சூரிய ஒளி காப்பீடு குழுதேசிய ஆரோக்கியம் தரகுசீக்வோயா மூலதனம் சீனாகிஷியாங் அவர் மூலதனம்

China Digest: TYK Medicines bags $62m; TAOS Data raises $47m led by Matrix Partners China

China Digest: TYK Medicines bags $62m; TAOS Data raises $47m led by Matrix Partners China Source: Jan Antonin Kolar/Unsplash May 24, 2021 TYK Medicines has garnered nearly 400 million yuan ($62 million) in a Series B+ round led by Sealand Innovation, while TAOS Data has secured $47 million in a Series B round led by Matrix Partners China. TYK Medicines bags nearly $62m Series B+ Chinese biopharmaceutical firm TYK Medicines has garnered nearly 400 million yuan ($62 million) in a Series B+ round of financing led by Sealand Innovation, a 17.6 billion yuan ($2.7 billion) fund owned by Sealand Securities, according to a company statement on Monday. The round also saw participation from Haibang Investment and Zheshang Venture Capital, a Hangzhou-based investment firm that has invested in fresh produce e-commerce platform MissFresh; ride-hailing player Caocao; and cloud video provider Arcvideo Tech, among others.

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Xiaomi-backed Chinese tax platform Huisuanzhang bags $80m Series D

Xiaomi-backed Chinese tax platform Huisuanzhang bags $80m Series D May 24, 2021 China’s Huisuanzhang, a SaaS-based corporate accounting and tax management platform, has secured $80 million in a Series D round of financing from undisclosed investors, per its announcement on Monday. Investment bank Cygnus Equity served as financial advisor for the deal, it said in a WeChat post. The platform will invest the funding proceeds to grow its portfolio of financial services. Managed by Beijing Kungeek Technology, Huisuanzhang delivers financial services such as tax audit, accounting and business registration to small-to-medium enterprises. Since its inception in 2015, Huisuanzhang claims to have served over 850,000 corporate clients including Dongfeng Motor Corporation, Chery Automobile, and beverage brand OCOCO International.

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China: WeiyangX Fintech Review

China: WeiyangX Fintech Review Police in Changsha Receive Salaries in the Form of Digital RMB At present, digital RMB pilots have been conducted in various applications across China. On May 8 th, employers at the Kaifu branch of Changsha Municipal Public Security Bureau received their salaries in the form of digital RMB. This is the first time that digital RMB has been used for salary payment in the government agencies of Changsha. In fact, from January 2021, Chinese tech giant JD has already started to conduct a digital RMB salary payment pilot. JD employers based in Shanghai, Shenzhen, Chengdu, Changsha, and Xi’an joined the first batch to experience the innovative payment mechanism. (

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