China Tech Newsletter – Nov. 26, 2015

Jia Yueting, CEO of LeTV(or Leshi), announces that Leview Mobile HK Ltd.

, LeTV’s smartphone business established in early 2015, has raised US$530 million in Series A round of funding. Financial terms were not disclosed.

Alipay’s City Services has added online notary service by partnering with Chinese tech company Ancun. It’s now available for more than 50 types of notarizations in 20 Chinese cities. (via GZDaily)

Lufax, the peer-to-peer lender of Ping An, is planning for Hong Kong IPO. — The Wall Street Journal

Baidu, Hillhouse Capital Group and German insurer Allianz SE are establishing a joint venture for internet insurance.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s