China Digest: YuceBio gets nearly $43m; Alibaba invests in Helijia, OKKI

China Digest: YuceBio gets nearly $43m; Alibaba invests in Helijia, OKKI

Gao Zhibo, founder of Chinese biotech firm YuceBio. Source: YuceBio

Chinese biotech firm YuceBio has secured nearly 300 million yuan ($43 million) in a Series C round while Alibaba has invested in the country’s online-to-offline (O2O) beauty services app Helijia and cloud computing-based customer relationship management (CRM) solutions developer OKKI.

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