Aggregated China Business Blogs



9You, Temasek Make $100 Million Deal With IPO Not Far Off

Aggregated Source: China Venture News
March 24, 2008|

The Chinese Internet gaming and social network portal 9You has gotten a huge infusion of cash from Singapore's sovereign wealth fund, Temasak Holdings, Pearl Research reported on Friday.

Chris Morrison at Venture Beat describes 9You this way:
9You is something of a portal, offering games in every category (casual, hardcore and mobile) as well as some social networking tools and an assortment of unrelated services. It reports having over 120 million registered users, a bit under half of the country's entire internet population.
The size of Temasak's investment has lead to speculation about a 9You IPO not being far off. If so, it will not be 9You's first try at an IPO...

9You's biggest money maker is a online dance game...

See full article.

Related Entries:

9you Gets Sued as Osaka Listing Approaches - 05 July 2007

Faced With a Lawsuit, 9you Postpones Osaka IPO - 15 July 2007

9You's Osaka IPO Cancelled in the Face of T3 Lawsuit - 21 August 2007

Singapore's SWF Temasek Backs New China PE Fund - 26 January 2008




Contents of this feed are a property of Creative Weblogging Limited and are protected by copyright laws. Violations will be prosecuted. Please email us if you'd like to use this feed for non-commercial activities at feeds - at - creative-weblogging.com.


Original URL: Click here to visit original article
Copyright China Venture News
Print This Post Print This Post | Email This Page Email This Page
No Ratings Yet
Loading ... Loading ...

No Comments Yet »

Your comment

The following HTML tags are permitted:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

RSS RSS Feed for Comments on this Post |