Wednesday, 1 October 2008

AI 97: China’s 9You virtual world attracts $100m venture capital


Venture Capital funds are increasingly being made in the virtual world market.

9You has received US$100m led by Temasek Holdings.

The 9You (www.9you.com) service is the first to integrate online game services (MMORPG, massive and medium size casual games, mobile game, etc.), fashionable digital entertainment contents, a variety of chatting and community services equipped with Avatar System, wireless value-added services and other premiere services to the Chinese language internet users all over the world.

With its wide-coverage for all major types of user needs related with digital entertainment service, the 9you.com represents the latest service style and the newest trend for the digital entertainment provider business in China Market.

Other venture capital investors include the Carlyle Group, China Merchant Fortune Ventures, and Dragon Groove Inc.