Tencent, Alibaba And Vanke Co-lead $1.5B Series A Round In China Media Capital

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China Media Capital (CMC) Inc., a media and entertainment company, has raised a RMB10 billion (US$1.49 billion) series A round led by Chinese real estate developer Vanke, and existing investors Chinese tech giants Alibaba Group Holding Ltd., and Tencent Holdings Ltd.

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