Whole Network Most Recent TOP10 Entrepreneurship Innovation Private Equity Venture Capital

 

VC supported Blog seeks China Financial News Portals

Filed in archive Venture Capital by james on December 02, 2005

Pacific Epoch has reported that Chinese blog startup Bokee, formerly called, Blog China, is planning a series of acquisitions before year-end. Beijing-based Bokee, which hosts Chinese blogs and makes money from advertising, had earlier raised $10 million this summer from Silicon Valley VC firms Bessemer Venture Partners, Mobius Venture Capital, and others. Bokee plans to use some of that VC money for targeted acquisitions.

China now boasts a 14.2 million blogs with a new one created every second, according to Web site Technorati. Initial public offerings of Chinese technology companies continue to generate a buzz among VCs since Web search company Baidu.com struck gold with its shares more than quadrupling in value in their U.S. market debut only a few months back.

The company's chairman, fanglinks Xingdong, has also informed Beijing News.Net that Bokee has been speaking with about 10 Chinese startups, including financial Web site Hexun. Hexun editor-in-chief Liu Jun told Chinese news site Sina.com last week that Hexun is considering various options, including being acquired, and that Hexun may make some small 2.0 web acquisitions. Bokee may indeed end-up with a huge holiday Xmas stocking stuffer.


Advertisement


Permalink: VC supported Blog seeks China Financial News Portals
Tags: China  blogs  china  venture  news  china+financial  venture+capital  financial+news 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/11757



Advertisement


Advertisement


CW ToolbarInstall
RSSrss   | See all blog subscribe options
Googlegoogle   |   What is RSS?
Yahoo!yahoo
AddthisAddThis Feed Button
BloglinesBloglines
Newsletter
Advertisement - Book yours here.

Use our search feature to look for other interesting posts

Just this blog Whole network
  • ChinaVentureNews seeks news contributions



    If you are an analyst, tech company, private equity firm, service provider or entrepreneur with news to share related to China venture capital send us your relevant news release.

    CVN will post it to our site. We reserve the right to edit the copy because of space limitations, and to make summaries of the release when appropriate-- although a full copy of the release will always be linked to.

    Thank you!

    Please simply use our form here.
Advertisement -
Book yours here..


 
Advertisement
Book yours here.



  • Testimonials

  • 'Exactly what I am looking for.'

    "One of my favorite blogs."
  • Other blogs in the same channel in the Creative Weblogging Network

Advertisement -
Book yours here..






Advertisement - Book yours here..
 
Tagcloud: Agreement Blogs Book review Commodities Conferences Entrepreneurship Incubators and Science Parks Information Sources Innovation Internet IPOs Law M&A Mergers and Acquisitions News Outsourcing Policy Private Equity Sovereign Wealth Funds Sponsored Post Stocks Studies Technology Report Treatment VC and PE: education and training Venture Capital Yuan Renminbi