Beijing-based Chinese crowd-sourcing express service platform Renren Express has completed US$15 million series A financing led by Tencent Holdings Limited and Banyan Capital, according to an announcement released on the company’s official Weibo account. The company says that the proceeds will mainly be used to build up its team and improve operations. Founded in May […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.