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Online Video Site Lands RMB 100m Investment

China Times, 11/17/07

According to an exclusive report obtained by China Times on November 11, China Broadband Entertainment Net - a video site not yet online - has won RMB 100 mln of angel investment. China Broadband Entertainment Net was formerly known as UChannel.

Investor Yuan Zhenyu with Jingshun Shengshi Investments revealed that the company is investing in UChannel's plans to create the China Broadband Entertainment Net.

Keywords: online video funding VC China Broadband Entertainment Net UChannel Jingshun Shengshi Investments Internet

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