China Digest: Tech startUp Qingzhi gets angel funding; Ouyeel raises $140m

China Digest: Tech startUp Qingzhi gets angel funding; Ouyeel raises $140m

Chinese Yuan bank notes. Photo: Bloomberg

Qingzhi Technology, a developer of autonomous driving technology, has received tens of millions in RMB as investment to advance its technology. Ouyeel, an e-commerce platform specifically for iron and steel products, has raised over $140 million.

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