Beijing-based 51CTO.com, an online platform for the Internet technology community, has completed RMB100 million (US$16 million) new round of financing led by TBP Capital, according to Chinese media reports. DW Fund, a venture capital firm launched by Rong360's cofounder Wu Zhengyu, also participated in the round. Founded in 2005, 51CTO.com provides media content, online education, [...]Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
