China News Aggregation Giant Jinri Toutiao Said Seeking To Buy Insurance Broker


China’s news aggregation giant Jinri Toutiao appears to be the latest Chinese media platform looking to get into financial technology. According to local news reports, the five-year-old company with a valuation estimated at US$20 billion is looking to acquire an insurance broker to break into insurance business, but without having go through the time consuming process of obtaining an insurance license.  The company did not immediately respond to requests for confirmation by China Money Network. Toutiao ranks No.5 on China …

China News Aggregation Giant Jinri Toutiao Said Seeking To Buy Insurance Broker appeared first on China Money Network.


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