Entries from Shanghaiist tagged with 'computergames'
July 1, 2008
By Hilary Faxon and Adrienne Wong Youku.com, one of China's two largest video sharing sites, announced at midnight last night that it has closed a funding round of $30 million. Youku said in a statement that it netted $30 million from existing investors Farallon, Sutter Hill, Chengwei, and Brookside, and an additional $10 million in venture debt from Western Technology Investment. According to Nielsen/NetRatings, Youku has more than 100 million video views a day. Ku6.com......
Continue Reading "China Tech News: Youku and Ku6 raise $30 mil, Weng'an censorship and China's rural netizens"