IVP Fund Invests In China’s Largest Mobile SNS

Infinity Ventures LLP[J], a Tokyo-based independent venture capital unit investing in tech start-up companies, announced today it had invested approximately USD2.1M (JPY200M) in WAPTX (registered in Cayman Islands) running China’s largest mobile SNS called tx.com.cn(天下网)[C] (pronounced as tiān-xià-wǎng). The service owns 9 million users as of July 2009, and Tokyo-based mobile SNS company DeNA announced… Continue reading IVP Fund Invests In China’s Largest Mobile SNS