The latest entries for China Venture News:

July 25, 2008
P2P Sites Rake in Dough

A recent rumor reported by Pacific Epoch has cause two different blogs to look at peer-to-peer file sharing in China.

NewTeeVee is one of the sites that covered the rumor. Pacific Epoch is reporting that P2P outfit Xunlei is looking for $100 million as a final round of VC funding before its anticipated IPO late this year. It's already eaten $30 million in VC funds. Among the investors is Google...

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