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Social Networking - Thursday, April 26, 2007

Love21.cn Is In The Air. Chinese Dating Site Raises 40M Yuan

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Chinese online dating site Love21cn.com has raised 40M Yuan investment (today 1 Chinese yuan = 0.12 dollars). The investment came via three co-founders of private education company New Oriental Education & Technology Group (Nasdaq: EDU). Another report says that Love21cn would receive a US$10M from Qiming Ventures.

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