China’s news aggregator Yidian to get $112m from state fund, others at $1b valuation

Beijing-based Chinese mobile news aggregator Yidian Zixun – backed by New York-listed Phoenix New Media – has finalized a $112.1-million investment round from the Chinese government fund and two investors, the company announced on November 13.

Continue reading this story with a subscription to DealStreetAsia.


Should your colleagues be reading this article too? Contact us for corporate subscriptions at