The9 Ltd Signs MOU to create US$100M Investment Fund
The9 Ltd (Nasdaq: NCTY), a Chinese online game operator and developer, has entered into a memorandum of understanding with Chengwei Ventures, ChinaRock Capital Management and China Renaissance K2 Ventures to create a US$100m investment fund. Fund9 is designed to invest in both domestic and overseas mobile internet application and platform developers. Project proposals can be […]