China Digest: Yunzhangfang secures $14m; Fenfenzhong closes $16.7m series A

China Digest: Yunzhangfang secures $14m; Fenfenzhong closes $16.7m series A

Chinese Yuan notes. Photo: Reuters

Yunzhangfang has secured a $14 million series B from Hillhouse Capital while National SMEs Fund has led series A in Beijing’s online procurement service platform for restaurants.

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