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  1. US$3.2b raised in venture deals

    Posted Aug 03rd 2011, 12:00am

    ... corporations invested a record US$584 million through six transactions with venture-backed mainland firms, VentureSource said. More than half of that capital was invested last month in Qunar ... a controlling stake in Qunar. 'Travel has long been one of the top categories on Baidu, and the number of travellers in China has been growing very rapidly, so this is a market of obvious strategic ...

    http://www.scmp.com/article/975206/us32b-raised-venture-deals

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