Sina Tech, 8/03/11
An industry source said today that Beijing-based online game developer Kylin had completed a new USD 20 mln round of funding from investors including CDH Investments and the Shenzhen Capital Group. The new investment represents a 20% share in Kylin at a valuation of USD 100 mln.
A source at Kylin confirmed that the company had completed a new found of funding, but declined to divulge details. Kylin CEO Shang Jin declined to comment.