All fun and games in $21.5m Joyme.com deal

Feb 28, 2014 • Katherine Steiner-Dicks

Fosun Venture Capital Investment, the corporate venturing unit of Chinese industrial conglomerate Fusun Group, has led a $21.5m series B round of funding for game portal operator, Joyme.com. Fosun is no stranger to the gaming world, having already invested in gaming sites Perfect World and LineKong.

News of yet another gaming site investment has hit the wires in Asia with the recent $21.5m (CNY130m) series B round of funding for Joyme.com, a gaming portal for enthusiasts.

The deal was led by Fosun Venture Capital Investment, the eponymous corporate venturing unit of the Chinese industrial group. Other investors that took part in this round included existing backer, BlueRun Ventures. Both investors have invested in the gaming sector before. In 2011, BlueRun Ventures also invested several million dollars…

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