Chinese Social Media Monitoring Firm Raises Investment

SocialTouch, one of the many startups in China trying their hand at monitoring Chinese social media, has raised its latest round of investment. The company’s Series C investment round was led by Sierra Ventures and included existing investors GGV Capital and Legend Capital. This new round of funding will be used for product development and […]

Chinese Company YY Submits IPO Application In U.S.

Chinese social networking VoIP company YY Inc. is tempting fate with its just-submitted initial public offering application to the U.S. Securities and Exchange Commission.