Chinese e-commerce group Alibaba announced plans to invest in online English learning website TutorGroup. Along with investors Temasek and Qiming Venture Partners, the total investments made in this round with Alibaba are nearly USD100 million. This is reportedly the second round financing for TutorGroup. The company said that with the new investments, TutorGroup plans to […]
Chinese video website Tudou.com has announced that it has completed its fifth round of financing and has gained new investments of USD50 million, including USD35 million from Singapore-based Temasek Holdings.
