InvestToChina

A student created a shopping website www.runrungo.com, at which only 1 kind of products can be sold a day. The new online purchase model immediately attracted 2 venture capital investors from US and Shanghai to inject angel investment of CNY1 million

Zhang Ligang, Board Chairman of iKang, the biggest domestic health management company, recently announced they acquired Beijing Zhengqingyuan Checkup.

Udooo announced it has gained the second round of funding. Susquehanna Asia worked with Lenovo to inject $5 million into Udooo.

Power Capital Co., Ltd. and a fund of funds (FOF) in Jilin Province, Northeast China, lately entered into a framework agreement upon establishment of a CNY200 million VC (venture capital) fund aiming at Jilin's pharmaceutical industry.

The joint venture project between the Zhejiang-based privately-owned enterprise Hongshi Group (Zhejiang Hongshi) and Goldman Sachs has been approved by the Ministry of Commerce.

World Sports Network (WSN), the consumer sports website headquartered in Shanghai China, has secured its first institutional round of venture funding from Valhalla Investments Inc.

The financial storm has messed up the Dianping.com’s third round fund-raising plan that is schedule to be finished within this year