China Tech Newsletter – Oct 29, 2015

OnePlus X
OnePlus X

Shenzhen-based smartphone maker OnePlus launches new model, OnePlus X (full specs).


Nubia, the smartphone brand of ZTE, launches a new model. — China Daily


Renren has invested another US$150 million into US-based marketplace lender Social Finance Inc. (SoFi).


Online education platform Hujiang.com announced yesterday (Oct. 28th) RMB1 billion (about US$157M) in Series D round of funding from HINA, SoftBank, China Mingsheng Investment and five other investors. The company is planning an IPO on a domestic market.

Established in 2001, Hujiang had had 90 million users, with 70 million on mobile, more than 2000 teachers and 500 partner organizations on its platform as of September 2015. (via Sina Tech)


Alibaba’s Alipay has received approval to provide online payment service in Taiwan. — Xinhua

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