vrCITIC GuoAn Group has agreed to invest US20 million in NextVR Inc., a U.S. virtual reality (VR) start-up providing platforms for on-demand virtual reality live broadcast, according to a disclosure filing (in Chinese). CITIC GuoAn Group is to subscribe to over 3.94 million series B preferred shares of the company, taking an interest of around […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Visit the original source and full text: China Money Network