Tao Holding LLC announced that it will raise CNY 540 million in a round of funding on July 17, 2023. The transaction included participation from returning investor Zhejiang Taotao Vehicles Co., Ltd. The transaction has been approved in the thirteenth meeting of the third board of directors and the twelfth meeting of the third board of supervisors.
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- Tao Holding LLC announced that it expects to receive CNY 540 million in funding from Zhejiang Taotao Vehicles Co., Ltd.