Shenzhen-based Chinese sports lottery firm 500.com Limited says that Chinese technology conglomerate Tsinghua Unigroup Co., Ltd. has agreed to invest approximately US$123.8 million in exchange of a 15.2% stake of the company, according to a company announcement. Tsinghua Unigroup, majority owned by Tsinghua Holdings Co., Ltd. which is 100% owned by Tsinghua University, will purchase […]

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