China VC/Tech Weekly Roundup: Venturous, Lioncrest Merge To Launch $200M China Fund, Didi Spins Off Self-Driving Unit

In this episode of China Money Podcast, listen to all the news headlines in the China venture and tech sector for the week of August 5 to August 9, with Eudora Wang sitting in for Nina Xiang in Hong Kong.

Topics covered include Venturous Group is creating a capital pool worth US$1 billion to power the second transformation of China driven by smart urbanization and digitization, Didi Chuxing launched an independent company for its autonomous driving unit, and is leading a new round of investment worth nearly RMB1 billion (US$141.83 million) in Xinchao Media Group.

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