China Tech Newsletter – Nov. 11, 2015

Alibaba Group announced that USD 5 billion (RMB 32 billion) of GMV was settled through Alipay on Alibaba’s marketplaces in the first 90 minutes of the 2015 11.11 Shopping Festival, with 72% through mobile.


Zhan.com, an online education platform targeting students who want to study aboard, has raised Series C round of funding led by Sequoia Capital and joined by existing investors Shunwei Capital Partners,GGV Capital and Milestone Capital. (via Jiemoudui.com)


51Job reports third quarter earnings.

 

 

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