Beijing-based entertainment group Yuehua Entertainment has received RMB300 million (US$48.68 million) series B financing from Gravity Media and CMC Capital, according to the company’s official announcement. Gravity Media is a Beijing-based advertising and marketing firm founded in 2002. The company previously received tens of millions RMB series A financing from unnamed investors in 2012. Founded […]
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.