Hangzhou, Zhejiang province-based Wasu Media has signed an agreement with Hangzhou Yunxi Investment Partnership Enterprise, in which the latter will pay RMB6.54 billion ($1.05 billion) to acquire a 20% stake of the company, according to a company announcement of Wasu.
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech
Read 2 Articles for Free with a Basic Account
Gain limited and restricted access to China Money Network.Register Basic Account
Subscribe for an annual subscription!
Enjoy comprehensive and exclusive data you can't find elsewhere!More Info
Already have an account or paid subscription?