China social e-commerce player Tongcheng Life gets $200m
Tongcheng Life, a social e-commerce business incubated by online travel agency Tongcheng-Elong, has raised a $200 million Series C round led by Joyy, previously known as YY, a US-listed video-based social media platform.
Engage Capital, Legend Capital, BAI, Tongcheng VC, Welight Capital, GSR Ventures and Oriza Holdings also took part. This follows a $100 million round led by Legend in September. Established in August...
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