China Digest: Huilianyi bags $42m; Sequoia leads $14m round in Sunyur

China Digest: Huilianyi bags $42m; Sequoia leads $14m round in Sunyur

Huilianyi, a Chinese business travel and expense reimbursement solutions developer, has cooperation with travel services provider Trip.com. Source: Trip.com

Chinese corporate expense management platform Huilianyi has closed 300 million yuan ($42 million) in a Series C+ round of financing led by Huaxing Growth Capital, while Sequoia Capital China has led a Series A round of financing worth 100 million yuan ($14 million) in digital procurement solutions provider Sunyur Network.

Bring stories like this into your inbox every day.

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