Get Marbridge Daily delivered FREE to your inbox
iFeng Seeks New Round of Funding
DoNews, 5/12/08
Phoenix TV Internet portal iFeng COO Li Ya confirmed that his company would be raising a new round of capital within the near future, and predicted that it would be completed during Q2. "We'll use the new capital to attract talent, improve our current company framework, and possibly acquire or merge with online video sites," Li said.
At present, the video sharing site with which iFeng works most closely is 6rooms.
For additional news on iFeng, please see "iFeng, PPLive Partner on Online Video," MD 5/12/08 issue.
Keywords: 6Rooms, funding, iFeng, Internet, online video, Phoenix TV
Please note, all fields are required.
None of your personal information will be shared with third parties.
None of your personal information will be shared with third parties.
