Chinese EV Sharing Platform PonyCar Raises $37M Series C Round

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A Chinese electric vehicle sharing start-up PonyCar has raised RMB250 million (US$37 million) in a series C round led by Zhihe Chuxing. This is the third financing round completed by the 13-month-old company, which has raised RMB550 million (US$83 million) in total since its founding last October.

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