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Hexun

Reuters Acquires Minority Stake in Chinese Financial Information Portal

Mar 19, 2008 10:01 AM

Reuters (NSDQ: RTRSY) has acquired a minority stake in ChinaWeb, the parent company of Chinese financial information portal Hexun. Founded in 1996, Hexun is now one of China’s largest financial information portals with 50 million monthly unique visitors and 670 million page views per month. Financial terms of the all-cash…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Venture Capital, Companies, Reuters, Countries, Asia, China, hexun, thomson

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