Chinese Electronics Retailer Invests In Online Video Website
Suning Commerce, a part of the Suning electronics retail group, has joined with Legend Holdings' Hony Capital to jointly invest USD420 million in PPTV, a Chinese Internet video website.
Suning Commerce, a part of the Suning electronics retail group, has joined with Legend Holdings' Hony Capital to jointly invest USD420 million in PPTV, a Chinese Internet video website.
Liu Chuanzhi, president of Legend Holdings, just appeared at a fashion show held in The Pavilion Shenzhen and signed a contract with Shenzhen Longhao International Investment Group, which marks Legend Holdings' entry into the investment…