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 […]

China’s Tianya.cn To Expand Overseas Markets After Google Purchase

Chinese Internet community website Tianya.cn has announced that it completed a buy-back of a stake previous held by Google, which invested in Tianya.cn in 2007, and the company now plans to start expanding into the overseas markets by opening offices in Singapore and the U.S. in the first half of 2011.