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Shanda Group


 Chinese firm invested $15 million in European augmented reality firm Lumus

il shandaA group of Chinese investors including Shanda Group have invested $15 million in European firm Lumus, a maker of transparent near-to-eye displays for augmented reality and mixed reality.

Founded in 2000, Lumus is an Israeli based augmented reality firm which has developed technology for see-through wearable displays to market producers of smart glasses and augmented reality eye-wear.

To see a list of investors from China similar to Shanda Group, check the Chinese Investors Directory.

More details follows




 Chinese investors acquired 15% stake in US firm Lending Club

shanda lendingShanda Group, a Chinese private equity firm, has acquired 15% stake in US-based Lending Club.

Singapore-based private investment firm Shanda Group, led by Chinese billionaire Chen Tianqiao, reported a 15.13 percent in Lending Club as of June 16, up from 11.7 percent reported on May 11. Lending Club is an online credit marketplace. Since launching in 2007, its platform has facilitated $16 billion in consumer loans. Shanda Group is an investment group founded by Chairman and CEO Tianqiao Chen and his family in 1999 and was the first Chinese online gaming company listed on the NASDAQ in 2004.

To see a list of investors from China similar to Shanda Group, check the Chinese Investors Directory.

More details follows:



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