Beijing-based online video firm Leshi Internet Information & Technology Corp.’s sports affiliate has completed RMB800 million (US$129 million) new round of financing from Dalian Wanda Group, Yunfeng Capital, and other undisclosed investors, according to a regulatory filing. The round values the affiliate, Letv Sports Culture Develop (Beijing) Co., at approximately RMB2.8 billion (US$451 million). Media […]


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