Help Wanted: Zhaopin.com Rakes in Big Dough
Aggregated Source: China Venture News
July 14, 2008|
China's monstrous online job site, Zhaopin.com, got a shot of cash so huge recently that would make King Kong blush.
PaidContent.Org is reporting that Zhaopin has received $110 million in venture capital funds - a mezzanine round of funding designed to get it through to an IPO in sometime 2010. Zhaopin translates from Mandarin as "help wanted."
Zhaopin has two main investors, both Australian, and the company relationships have become interesting.
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PaidContent.Org is reporting that Zhaopin has received $110 million in venture capital funds - a mezzanine round of funding designed to get it through to an IPO in sometime 2010. Zhaopin translates from Mandarin as "help wanted."
Zhaopin has two main investors, both Australian, and the company relationships have become interesting.
© ink3d
See full article.
Related Entries:
For China's Poor- Venture Capital Funds for Digital Deliverance - 23 October 2006
A Tax Increase for Venture Capital? Maybe... - 28 June 2007
Congressional Testimony: What Venture Capitalists Actually Do... - 08 September 2007
Insurers Allowed into Venture Capital World Soon? - 14 September 2007
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
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