IDG-Accel, the China-based joint venture between US publisher International Data Group and venture capital firm Accel Partners, and Qiming Ventures, a local VC firm, have invested $50m.
Baidu, China’s most used search engine, has spun off a minority stake in its online retailer Youa to two venture investors.
IDG-Accel, the China-based joint venture between US publisher International Data Group and venture capital firm Accel Partners, and Qiming Ventures, a local VC firm, have invested $50m in Youa.
