Beijing-based Baifendian Information Technology Co. says it has secured $10 million series B financing from IDG Capital and East Sky Investment Co. Ltd. The company says it will also expand its business to big data management and application. Founded in 2009, Baifendian is a technology start-up focused on using big data to create personalized recommendation. […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.