China Digest: VCG acquires photo-sharing site 500px; Weibo leads $16m in Modian

China Digest: VCG acquires photo-sharing site 500px; Weibo leads $16m in Modian

Visual from 500px website

Beijing-based Visual China Group (VCG) has fully acquired 500px, a photo-sharing site that counts Flickr and Getty among its competitors. Meanwhile, crowdfunding service platform Modian has raised $16 million in funding led by Sina Weibo.

Visual China Group fully acquires 500px

Beijing-based Visual China Group (VCG) has fully acquired 500px, a photo-sharing site that counts Flickr and Getty among its competitors.

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