29 November 2005 04:30
M&A Heating Up Among Chinese Startups?
by vista
The Beijing News reported last week that Chinese blog startup Bokee is planning a series of acquisitions before year-end. Beijing-based Bokee, which hosts Chinese blogs and makes money from advertising, raised $10 million this summer from Silicon Valley VC firms Bessemer Venture Partners, Mobius Venture Capital, and others. Bokee will use some of that money for acquisitions.
1
(1 marks)
