IDG Capital Leads Investment in Chinese 3D Online Game Developer (Asia)

Source: Greater China Private Equity Review  |  Author: Polly Cheung

China-focused investment firm IDG Capital Partners has led a Series A round of financing in China-based online game developer Ejoy for a reported RMB100 million (approximately US$16.2 million). The company intends to use the new financing to develop 3D online games.