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Chinese Blog Portal 51.com To Get $12 Million From Sequoia

By Rafat Ali - Thu 27 Apr 2006 02:05 PM PST

Chinese social networking and blog portal 51.com’s will receive $12 million in two rounds from Sequoia Capital and will be completed by October 2006...Sequoia Capital will receive at least a 10 percent stake in 51.com.

Posted in: Money, Social Media, VC+M&A, Asia, China

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