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51.com Raises $51 Million From Giant For 25% Equity

techguru2006techguru2006 sent a shout to exaakax   103 days ago
Giant Interactive Group Inc. (NYSE: GA) has acquired 25% of Five One Network Development (51.com) for about $51 million. 51.com is a Chinese social network that is the largest in China. The site has about 120 million users and receives about 31.5 million uniques per month.

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