LeEco, formerly LeTV, makes India debut with three smartphone models.
LeTV smart TV shipments have reached 5 million. The first-gen model was launched in May 2013.
The company also announced today to invest some RMB7 billion (USD1B) into professionally-generated video content.
Fenqile, which provides installment payment plans to college students, announces an issuance of RMB200 million (USD30M) of asset-backed securities.
Hong Kong-based FinTech startup WeLab announces US$160 million in Series B funding.
Alibaba’s Aliyun launches a series of big data services. — China Daily