China: UCAR secures $350m funding; Fosun's VC arm is now Fosun RZ Capital

China: UCAR secures $350m funding; Fosun's VC arm is now Fosun RZ Capital

Image from Maimaiche website.

UCAR, a mobile app-based chauffeured car service provider, has raised funds from China’s leading car insurance firm. Fosun Kinzon Capital has changed its name to Fosun RZ Capital.

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