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Venture Capital
by james on April 4, 2006

TKgame announced the investment at the end of March. The release said that Asian Groove HK plans to invest US$1 billion in China over the next three to five years. Asian Groove HK invested US$50 million in over 10 projects in 2005, including Shanghai based online gaming company 9you and auto portal 51auto.
With this kind of available funding for news on online games, some may consider the odds better in online gaming since most users tend to be non-readers.
Permalink: China VCs Gamble on Games News Portal
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/19513
Mr Wong
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