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Rumor: Digu Lays Off 70% of Workforce

Southern Daily, 10/19/11

A woman claiming to be an employee of Chinese location-based service (LBS) mobile SNS Digu said yesterday that Digu recently announced layoffs that reduced the workforce from 110 to just over 40. Read More

Chinese Matchmaking Sites to Raise Funding, IPO

ChinaVenture, 12/06/10

Chinese online matchmaking site Baihe.com has begun a new round of funding and expects to raise approximately USD 20 mln by completion in early 2011. Read More