Singapore based Shanda Group raises stake in LendingClub

Singapore based Shanda Group raises stake in LendingClub

A Benjamin Franklin U.S. 100-dollar banknote and a Chinese 100-yuan banknote depicting the late Chinese Chairman Mao Zedong, are seen in a picture illustration in Beijing

Chinese billionaire Chen Tianqiao has raised his stake in online lending platform Lending Club Corp following the recent ouster of founder and Chief Executive Renaud Laplanche.

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