China Digest: Tencent invests in Peilian.com; Xinshang raises $50m

China Digest: Tencent invests in Peilian.com; Xinshang raises $50m

Photographer: Qilai Shen/Bloomberg

Tencent and Orchid Asia Group are co-investing in online music tutoring platform Peilian.com while Xinshang, a secondhand luxury goods marketplace, raised $50 million in series C round.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter