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Rumor: Yanhuang Health Media to Raise USD 60m

Tencent Tech, 11/04/08

Digital media firm Yanhuang Health Media plans to complete a USD 60 mln third round of funding, to be used primarily for channel development, acquisitions, and LCD display equipment.

Previously, Yanhuang Health Media chairman and CEO, Zhao Songqing, had mentioned publicly that Yanhuang had plans for a third round of financing, but had not discussed the company's progress in financing.

Keywords: digital media funding LCD television Yanhuang Health Media Zhao Songqing out-of-home display third-round

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