MySpace set to launch in China – Mark Sweney

From the Guardian, progress in Murdoch’s efforts to enter the China market with MySpace:

News Corporation is applying to the Chinese authorities for an internet-services licence and expects to set up the joint venture in Beijing, according to a report on Reuters.

The IDG-Accel China Growth Fund, managed by venture firm International Data Group Technology Venture Investment, would also own a stake in the joint venture.

If the deal goes through MySpace China could be up and running in a few months. [Full text]

More reports on this story, via Google News.

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.