China VC Weekly: Lalamove’s Big Move and More
Last week was a big one for Lalamove, China’s leading van-hailing platform - the company is steadily moving towards completing its financing target of $1.5 billion. One of China’s most prominent tech-focused VC firms, Matrix Partners China, also had a fruitful week, announcing a new flagship fund of roughly $1.2 billion. In other news, esports tournamen…