Beijing-based carpool mobile app maker Ttyongche has received approximately US$10 million series B financing from Sequoia Capital, according to Chinese media reports. The company previously received US$3 million series A financing from Innovation Works in June 2014. Launched in July 2014, the app has expanded from Beijing to other major cities including Shanghai and Hangzhou […]

Visit for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Visit the original source and full text: China Money Network