Media group leads investors in US$307m fund
Print Edition
SHANGHAI United Media Group was among the investment partners in a new 2 billion yuan (US$307 million) fund that was set up yesterday to pursue opportunities in the fields of new media, Internet Plus and information technology.
Other founding investors in the 825 Fund — which will mainly seek early and mid-stage investments and possible mergers and acquisitions — include Guochuang Yuanhe, Gopher Asset Management and Meridian Capital.
“The 825 Fund ... consists of industry capital, finance capital and a professional management team, as well as a media brand and other resources,” said Qiu Xin, chairman of the media group.
The first phase of the fund was set up in 2014 with 1.2 billion yuan. It has since invested in 59 projects, including Weimob, which provides e-commerce services via WeChat.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
