China VC Weekly: Blockchain, Trucking, E-commerce Pandaily


Source: pandaily.com pandaily.com

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In last week’s VC news, blockchain startup Rangers Protocol brought its valuation to $63 million, investment firm Yinke PE closed a new RMB-denominated fund, UAE fund poured funds into a Chinese trucking startup and cross-border fashion e-commerce platform Doublefs raised as much as $100 million. Blockchain infrastructure firm Rangers Protocol valued at $63 million Chinese blockchain infrastructure startup Rangers Protocol is now valued at $63 million following a fundraising round. The company was previously known as Rocket Protocol. Investors in the round include Pantera Capital, Framework Ventures, Huobi Ventures Blockchain Fund, Alameda Research, Hashkey Capital, SevenX Ventures, Spark Digital Capital,...