Existing investor Tencent returned in a $29.1m round for automotive media platform Youche Yihou, which also counts BlueFocus among its earlier investors.

China-based automotive-focused news platform Youche Yihou raised RMB200m ($29.1m) on Wednesday in a funding round that included internet group Tencent, according to China Money Network. Plum Ventures, Ningbo Xinmei Asset Management, Oriental Fortune Capital and Blueprint Innovation Investment Management also participated in the round. Founded in 2015, Youche Yihou operates an online platform that provides…

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