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Beijing based online virtual world company HiPiHi will soon receive US$ 7 to 10 million in investment from three overseas venture capital firms for a 10 percent stake in the company, reports Red Line China sourcing Source: sina.com.cn http://www.redlinechina.com/ . We have not yet heard back from our HiPiHi contacts, inquiring directly about the possible investment.
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Chris Sherman
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