IDG has invested in Chinese search – this time it’s with Lenovo, in Zhongsu, which has “strength in desktop search.” I believe they believe that history will repeat – recall last year desktop search companies were purchased by Ask and Microsoft. Google and Yahoo both have interests there….
For some reason the links are borking my posting system, but here is the article:
http://www.chinatechnews.com/index.php?action=show&type=news&id=2494
(Thanks, Arthur…)
The ZhongSou deal is finalized! Actullay Fidelity will invest 10 million dollars. IDG and Lenova invest 3 million dollars each. I have a short coverage about this deal at http://chinainternetjournal.com/archives/2005/04/18/fidelity-idg-and-lenova-invest-in-china-search-engine/
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