Alibaba backs Leyan Technologies and 20 more deal updates from Greater China

Research Premium Leyan Technologies, an AI-driven SaaS specialist for e-commerce, on Monday, announced the completion of an undisclosed Series C3 funding round led by Chinese e-commerce giant Alibaba. With this, the total Series C round raised by Leyan comes to over 500 million yuan ($77 million), the investee said in a statement. Previously in 2020, Leyan had closed an aggregate of 300 million yuan ($41 million) in its earlier two tranches from Alibaba Jack Ma's YF Capital, Eastern Bell Capital, Blue Lake Capital, ZWC Partners, Sky9 Capital, among others. Launched in 2016 in Shanghai, Leyan develops intelligent customer service applications…