The Digital Source For China's Tech Innovation Since 2000

Zhongsou Searches And Finds US$6 Million Investment

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.

Other China Tech Buzz: