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Chinese BPO Firm Gains New Investment
January 25, 2010Chinese business process outsourcing firm iSoftStone Holdings Limited has closed a round of undisclosed amount of financing from a collection of private equity and venture firms.
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Bain Capital To Acquire 18% Stake In Gome For USD400 Million
June 8, 2009Chinese electronics retail giant Gome's financing scheme has gained new progress and the U.S. private equity firm Bain Capital will reportedly buy a 18% stake in Gome for USD400 million.
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China's 58.com Made Net Profit Of CNY1.1 Million In April
May 27, 2009Chinese lifestyle website 58.com has announced that its advertising revenue in April 2009 was over CNY3 million and its net profit was CNY1.1 million, a year-on-year increase of 50% and an increase of 37% compared with the previous month.
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Global Financial Crisis Hits Huawei's Terminal Unit Sale
October 13, 2008Huawei Technologies, one of China's largest telecom equipment makers, said it had suspended the auction of a stake in its terminal unit to foreign companies because of the global financial crisis.
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Huawei Confirms Plans To Sell Stake Of Mobile Phone Business
June 24, 2008Chinese communications equipment provider Huawei Technology Co., Ltd. has confirmed that it is seeking cooperation with foreign investment institutions on selling the majority stake of its terminal business department.
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Rumor: SMIC To Sell 20% Stake To Private Equity Fund
May 21, 2008According to Hong Kong media, an undisclosed American private equity fund will invest US$600 million to acquire over 20% of the stake of Semiconductor Manufacturing International Corporation (SMI) and the two sides will sign a formal agreement in late June.
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