Shenzhen-based video service provider Xunlei Networking Technologies has completed new round of financing, raising a total of $310 million, according to Chinese media reports. Beijing-based mobile Internet company Xiaomi Inc. led the round, investing $200 million. Beijing-based software company Kingsoft, existing investor Morningside Ventures and IDG Capital also participated, committing a total of $110 million. […]
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.
Visit the original source and full text: China Money Network
Any news and links syndicated from other sources are copyright those respective websites and/or publications. We post brief synopsis and links per what the respective websites' RSS feeds provide.