Despite the slew of sites covering tech and digital media out of China, it is still very difficult to gets funding news from there (Pacfic Epoch does a decent job, but is not complete).
Anyway, two fundings I found:
— TianyaClub.com, a community BBS software company and website, has received $5 million in VC funding, according to a story on Sinocast.
— China Bulletin Board Service, a Chinese community portal, is to set to obtain a multimillion-dollar VC round from IDG China, according to a newsletter from Asian Private Equity News.
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