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Youku announces approval of shareholder resolutions relating to the proposed...
Youku Inc. (NYSE: YOKU), China’s leading Internet television company, announced today that, at the annual general meeting of shareholders held today, the Company’s shareholders voted in favor of the...
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US/China GGV Capital announces $625 Million in new funds
Firm will continue its focus on global opportunities in the US and China MENLO PARK, Calif. and SHANGHAI, Aug. 21, 2012 — GGV Capital, a top venture capital firm focused on the US and China, today...
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Decline for financing China culture and media industry in H1 2012 (ChinaVenture)
The culture and media industry saw its financing decline in the first half of the year, according to a report released on Aug 23 by ChinaVenture, a research and consulting firm focused on venture...
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Zhang Yimou about to launch a new film fund
According to Shanghai Daily, iInternationally acclaimed film director Zhang Yimou is planning to set up a 2-billion-yuan private equity fund to invest in films after he has reportedly split up with...
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Youku Tudou Inc. and Tudou Holdings Limited announce completion of merger
Youku Tudou Inc. (NYSE: YOKU, and formerly Youku Inc.) and Tudou Holdings Limited (NASDAQ: TUDO) today announced the completion of the merger between Tudou and Two Merger Sub Inc., a wholly owned...
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Rumor: Sohu to acquire major South Korean film studio CJ
According to several sources, Sohu Video, the online video platform operated by Chinese Internet firm Sohu (Nasdaq: SOHU), has reached an acquisition agreement with the South Korean film production...
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Wanda completes the acquisition of US AMC
Wang Jianlin, Chairman of the Wanda Group, Tuesday announced in Los Angeles, the United States, that Wanda has completed the acquisition of AMC Entertainment Holdings, Inc., the second largest U.S....
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Chinese Renren invests US$49 Mil. in US social finance
Renren Inc. (NYSE: RENN), a leading real name social networking internet platform in China, today announced that it invested $49 million in Social Finance Inc. (“SoFi”), a San Francisco-based private...
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Alibaba closes US$7.6 billion share repurchase and restructuring of Yahoo!...
Alibaba Completed More Than US$12 Billion in Transactions Over Past 12 Months; Financings Provided by Global Banks and Institutional Investors Alibaba Group Holding Limited, China’s largest e-commerce...
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Chinese Galloping Horse and Indian Reliance buy together US Digital Domain
Beijing-based Galloping Horse and India’s Reliance MediaWorks (RMW) have bought together the bankrupt US visual effects studio Digital Domain for $30.2m. According to a Reliance MediaWorks statement...
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