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Phoenix New Media Obtains USD 25 Mln Funding

Sohu IT, 11/09/09

In a statement at HKEx, Phoenix Satellite Television Holdings (2008.HK) announced that its subsidiary, Phoenix New Media, had reached a deal under which a group of investors will purchase Series A preferred shares of Phoenix New Media worth USD 25 mln. Read More

Guangdong Mobile Rents Outlets to Handset Retailers

China Business, 10/20/08

Guangdong Mobile is testing a plan to outsource operation of its 'Communication 100' stores to bidders. Read More