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Searching for "Yunfeng Fund"
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Update: Gaopeng to Merge with FTuan
China Business News, 6/21/12
An industry source divulged today that Chinese group buy site FTuan will merge with Gaopeng, the group buy joint venture of Groupon and Tencent (0700.HK), to form a new group company, with FTuan CEO Lin Ning to be named CEO. Read More
Gaopeng Records USD 47 Mln Net Loss for Q1-Q3 2011
Sina Tech, 10/25/11
According to Groupon's IPO prospectus, E-Commerce King Limited, operator of Chinese group buy site Gaopeng.com, reported USD 2.14 mln in revenue and USD 46.45 mln in net loss from operations for the first nine months of 2011. Read More
AliCloud, Yunfeng Fund Launch RMB 1 Bln Cloud Developers Fund
Ce.cn, 10/24/11
Alibaba Cloud Computing ("AliCloud"), the cloud technology subsidiary of Hangzhou-based e-commerce conglomerate Alibaba Group, today announced it is partnering with Chinese private equity firm Yunfeng Capital to establish a RMB 1 bln cloud computing investment fund aimed at supporting developers for AliCloud's cloud platform and mobile OS. Read More
Private Investors Acquire 5% Stake in Alibaba Group for USD 1.6 Bln
China News, 9/23/11
Chinese e-commerce conglomerate Alibaba Group has secured USD 1.6 bln in investment from multiple investors in exchange for existing shares held by company employees representing a 5% stake. Read More
Rumor: Yahoo Rejected USD 3.5 Bln Offer for 15% of Alibaba Group
Sina Tech, 5/26/11
Yahoo reportedly refused a USD 3.5 bln offer for a 15% stake in Alibaba Group from a group of investors led by Alibaba CEO Jack Ma in early 2011, two industry sources have told Forbes. Read More
Yunfeng Fund Raises RMB 10 Bln in First Round
Sina Tech, 1/25/11
David Feng Yu, co-founder and chairman of the Yunfeng Fund initiated by Yu, Alibaba Group chairman Jack Ma, and Giant Interactive (NYSE: GA) chairman Shi Yuzhu, has revealed the fund raised approximately RMB 10 bln in its first round. Read More
Sina Microblog Exceeds 50 Mln Users
BiaNews, 11/16/10
At the first China Microblogging Developers Conference this morning, Chinese internet company Sina's (Nasdaq: SINA) Weibo microblogging platform announced that it now has more than 50 mln users. Read More
Alibaba, Yunfeng Take 16% Stake in Sogou
Sohu SEC Filing, 10/4/10
Sogou Inc., the Cayman Islands registered online search and browser subsidiary of Sohu (Nasdaq: SOHU), has entered into a USD 48 mln Series A preferred share purchase agreement with Alibaba Group, Yunfeng Fund investment vehicle China Web Search Limited, and Photon Group, the investment fund of Sohu chairman and CEO Charles Zhang. Read More
Sohu, Alibaba to Establish Search JV
Techweb, 8/09/10
An industry source claims that Hangzhou-based e-commerce company Alibaba has reached an agreement with Beijing-based internet firm Sohu (Nasdaq: SOHU) to establish a subsidiary for joint development of Sohu's Sogou search engine. Read More
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