Marbridge Daily

<- March 19, 2008 ->

Reuters Buys Stake in ChinaWeb

Sina Tech, 3/19/08

Reuters has purchased a minority stake in Chinese online financial information provider ChinaWeb. ChinaWeb's principal operating business is Hexun, an independent online financial website with close to 50 mln unique users a month. Once the purchase is complete, Reuters will provide ChinaWeb with its online Reuters Investor Service (RIS), which will be made available to personal investors on Hexun's website.

 

Keywords: Reuters, ChinaWeb, Hexun, M&A, Internet, online financial information, users

Please note, all fields are required.
None of your personal information will be shared with third parties.

Please enter your name

Please enter a valid email address
(City, Country)
Please enter your location


You need to enter a message

SECTIONS

Index Telecom Wireless Internet Television Hardware & Software
Drop Shadow