DJI car tech unit spinout ZYT is raising pre-IPO funding, report says

DJI car tech unit spinout ZYT is raising pre-IPO funding, report says

ZYT, also known as Zhuoyu Technology, is raising a pre-IPO round of about RMB 2 billion ($280 million) at a pre-money valuation of around RMB 12.5 billion ($1.74 billion), according to EqualOcean Auto. The report added that the company is also planning a Hong…

ZYT, also known as Zhuoyu Technology, is raising a pre-IPO round of about RMB 2 billion ($280 million) at a pre-money valuation of around RMB 12.5 billion ($1.74 billion), according to EqualOcean Aut… [+451 chars]

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