China Digest: YYC leads $70m funding in Tantan; Fosun backs $14m round in CloudCare

Chinese 100 yuan banknotes and a U.S. one dollar banknote are seen in this file picture illustration taken in Beijing, China, January 21, 2016. REUTERS/Jason Lee/Files

Chinese public companies YYC Inc and Fosun Group led a $70 million and $14 million funding rounds in mobile dating app Tantan and tech startup CloudCare respectively.

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