Monday, September 5, 2011

Chinese Online Gaming Giant ?Perfect World? To Invest $100M In A VC Fund

perfectworldPerfect World, a publicly listed Chinese online game developer and publisher that specializes in 3D MMORPGs, this morning announced that it - or rather, "one of its entities" - will be investing in a new venture capital fund. As a limited partner, Perfect World has agreed to invest a total of approximately RMB643.5 million (roughly $100 million) in the fund, which will focus primarily on backing technology and media companies.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/hau5y2KU-08/

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