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Zhongsou Searches And Finds US$6 Million Investment

March 30, 2005
Editorial Staff

IDG Technology Investment Fund 's Li Jianguang has disclosed to local media that IDG will work with Lenovo Investment Company to make a joint investment of US$6 million in search engine Zhongsou, an affiliate of Huicong International.

IDG and Lenovo Investment Company will each contribute US$ 3 million to the investment. The companies chose Zhongsou was because of the search company's strength in desktop search.

Zhongsou has not made any formal remarks about this cash infusion.

Related Topics: cash | desktop | fund | IDG | international | investment | Lenovo | media | search | search engine | technology

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