Chinese Mobile Game Company Chukong Goes Social

The Daily Startup: Chinese Mobile Game Co. Chukong to Go Social - Venture Capital Dispatch - WSJ: "Chinese mobile gaming company Chukong Technologies Inc. has raised $50 million led by new investor New Horizon Capital, to make its games social and to cement its role as a distribution platform before filing for an IPO next year. The Series D infusion, which VentureWire learned was done at a post-money valuation of $500 million, brings total outside funding to $83.2 million."

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