Chinese Community Sites Fundings

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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