China Digest: Synyi AI raises $61m; Alibaba, CATL invest in SAIC Motor unit

China Digest: Synyi AI raises $61m; Alibaba, CATL invest in SAIC Motor unit

Tencent-backed health tech startup Synyi AI has raised 400 million yuan ($61 million) in a Series D round of financing, while Alibaba and Contemporary Amperex Technology Co Ltd (CATL) have invested over 300 million yuan ($45.8 million) in ride-hailing service Xiangdao Chuxing.

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