Tianqiao Chen’s Holdings in Lending Club Include Sizable Call Options

It was reported earlier this month that billionaire Tianqiao Chen, founder of Shanda Interactive Entertainment, had taken a significant stake in Lending Club (NYSE:LC). Shares of Lending Club have cratered since the resignation of former CEO Renaud Laplanche. The move by Chen appeared to be an… Read More
Read more in: Asia, Investment Platforms and Marketplaces | Tagged asia, lending club, marketplace, p2p, peer to peer, shanda, singapore, tianqiao chen