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Zhong Lun Advises on the Series C Financing of News In Palm
Zhong Lun Advises on the Series C Financing of News In Palm
Release time：2016-12-13
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News In Palm recently completed its Series C financing. Baidu is the leading investor in this transaction, with Fortress Global and United Enterprise Ltd as co-investors. Zhong Lun Law Firm represented News In Palm in this transaction.
News In Palm is a research and development company focusing on mobile news aggregation in overseas markets, which is one of the leading developers in several overseas markets with outstanding achievements. “Baca" of News In Palm officially launched in Indonesia at the beginning of 2016 and it has been ranking Top5 on Google Play’s download list of Indonesia news of all time, with more than one million daily active users in Indonesia.
The Zhong Lun team is led by partners Bill Shang, and assisted by associates Tiffany Yan and Diana Shan.