China Bridge Capital, a financial services firm closely linked to adventurous Chinese Internet company LeEco, has invested RMB300 million (US$45 million) in artificial intelligence-enabled health data mining start-up iCarbonX. Alongside the strategic investment, China Bridge Capital says it plans to establish a special purpose investment fund targeting RMB10 billion (US$1.5 billion) to acquire precision healthcare […]
Visit ChinaMoneyNetwork.com 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.