Chinese Video Site Raises $20 Mil

By Staff Published on .

Money is pouring into video sites abroad as well as in the U.S., with PaidContent reporting that, a Chinese video site, raised $20 million in a second round of financing. Competing site Youku said it raised $25 million a few weeks ago. BusinessWeek last week reported on YouTube’s long road ahead in China.

Most Popular
In this article: