New fundings in China on May 21, 2017

Lefull (乐乎), a 3-year-old, Beijing-based youth-targeted apartment rental service, has raised tens of millions of RMB in Series A backed by Fosun (复星集团).

Chunsun (春笋共享雨伞), a 1-month-old, Shanghai-based umbrella rental startup, has raised RMB 5 million in an angel round from undisclosed investor.

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Sheila Yu

Sheila Yu is a Shanghai-based technology writer. She brings readers the biggest news from Chinese language tech media. Reach her at sheila@technode.com.