China Digest: GL Ventures backs Sobot; Daoer to raise $75m; Xiaohongshu mulls US IPO

China Digest: GL Ventures backs Sobot; Daoer to raise $75m; Xiaohongshu mulls US IPO

Source: Andy Kelly/Unsplash

Chinese cloud-based intelligent customer service startup Sobot Technologies and Daoer Biologics have raised funds, while Xiaohongshu is reportedly mulling an IPO.