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Rumor: Baidu Purchases 40% Stake in Fanshu
Sina Tech, 8/04/11
Chinese internet giant Baidu (Nasdaq: BIDU) has acquired a 40% stake in Beijing Founder Network Technology, operator of online literature portal Fanshu.com, according to a source within Baidu. Read More
40% Stake in Online Literature Site Fanshu to Sell on CBEX
Sina Tech, 7/07/11
Shanghai Founder Digital Publishing Technology has announced it will sell a 40% stake in Beijing Founder Network Technology, operator of online literature portal Fanshu.com, on the China Beijing Equity Exchange (CBEX) to raise up to RMB 47.6 mln. Read More
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