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Page 951

5173 readies flotation number

US-based publisher International Data Group through its Chinese corporate venturing unit previously invested RMB5m ($) in 5173 in December 2006, while the portfolio company's other investors include venture capital firm Walden, according to news provider China Business News, citing a company filing for its initial public offering.

Sep 19, 2011

Douban raises $50m

Alongside Bertelsmann Asia Investments in the syndicate were venture capital firms Trust Bridge Partners and Sequoia Capital.

Sep 19, 2011

Lotiple taps Softbank

This is Softbank's second investment into Lotiple, following a Krw500m investment in May of this year, according to news provider the Bell.

Sep 19, 2011

Zhenai meets its Match

Multinational dating website Match.com has established a toehold in the Chinese market by acquiring a stake in the dating and matchmaking service.

Sep 15, 2011

Zawatt gets its wish granted

The newly-founded app development start-up has secured seed financing from Net Capital Partners and a selection of angels.

Sep 14, 2011

360buy, Lashou chase US IPOs

360buy and Lashou are reportedly eyeing initial public offering after securing big venture funding rounds this year.

Sep 9, 2011

IDG backs MJ's creation

The Vietnam corporate venturing unit of the US publisher was joined by Germany-based e-commerce investor Rebate Networks and Russian peer Ru-net backing the Vietnam-based retailer.

Sep 9, 2011
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