China Tech Newsletter – Mar. 10, 2016

Youku-Tudou, the online video streaming service Alibaba Group announced to acquire in November 2015, aims to add some 50 drama series in 2016 to boost its paid subscription offerings.

Movies and sports content of Alibaba’s subsidiaries will later be added to the subscription package. Youku-Tudou has recently integrated Taobao and Alipay login. (via Sina Tech)

Legend Holdings and Hony Capital have led a US$430 million funding round in office-sharing startup WeWork. — Bloomberg


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