China Digest: Tencent invests $62m in fintech startup Sunline Tech; Legend Capital backs Like Chuxing's $20m round

China Digest: Tencent invests $62m in fintech startup Sunline Tech; Legend Capital backs Like Chuxing's $20m round

REUTERS/Aly Song

Chinese Internet giant Tencent is investing up to $62 million in financial technology firm Sunline Tech while China’s car time-sharing startup Like Chuxing has raised $20m in its latest funding round, according to Yicai Global.

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