GIC leads Series C for China car rental service Yongche
Chinese car rental and taxi-booking site Yongche.com - which has a similar business model to Uber - has raised a Series C round of funding led by Singapore sovereign investor GIC Private.
The size of the round was not disclosed but local media reported the amount as being above $100 million, Chinese search operator Baidu also participating. Last year, Beijing-based Yongche secured a...
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