Jan 26, 2011
Chen Tenghua, founder of home textiles B2C e-commerce website Uya100.com and former vice president of Chinese B2C e-commerce site Dangdang (NYSE: DANG), said that he has already concluded a multimillion USD round of funding, and that the funds will be credited into Uya100's account after the Chinese New Year holidays.
Shanda Interactive's (Nasdaq: SNDA) online video subsidiary Ku6 (Nasdaq: KUTV) announced today that it would partner with Shanda Games (Nasdaq: GAME) to embed Ku6 video content in Shanda Games' licensed 3D MMORPG Dragon Nest, allowing players to view game-related videos and entertainment programming in-game.
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