China Tech Newsletter – Oct 13, 2015

image credit: Weibo
image credit: Weibo

The latest version of Weibo mobile app enables selling goods to followers and re-posting items from third-party e-commerce sites such as Alibaba’s Tmall and Taobao, and mobile commerce marketplace Weimai.

Weibo users with 1000 or more followers can apply to join the program. (via Sina Tech)

Payments for Weibo offerings have been supported by Alipay.


Online travel service Tuniu (NASDAQ:TOUR) announced a new company to produce travel-related video content.

Tuniu mobile app had had 350 million downloads as of June this year, and over 60% of the orders were placed via mobile. It has had an accumulated 17 million customers. (via Sina Tech)


Meituan and Dianping, the two largest group-buying and local lifestyle services that announced to merge last week, is reportedly raising more than US$3 billion in a new funding round. (via China.com)


Womai, the online store of China National Cereals, Oils and Foodstuffs Corporation, has reportedly raised more than US$200 million from a group of investors including Baidu. (via Tencent Finance)


“AngelList To Power The World’s Largest Seed Fund With $400M From Chinese Private Equity Firm” TechCrunch


Shenzhen-based smartphone maker OnePlus is going to manufacture phones in India. Like Xiaomi, it will partner with Foxconn. — Tech In Asia

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