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Old 14th June 2011, 04:17 PM
555 555 is offline
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Chinese E-Commerce Giant 360buy.com Raises $1.5 Billion From Russian Investment Group

DST is also an investor in Zynga, initiated the 150k per start up program via YCombinator http://techcrunch.com/2011/01/28/yur...-startup-150k/ and recently bought a home in the US http://globalgrind.com/hip-hop-cultu...mansion-photos

One of his partners is Alisher Usmanov, mostly known for his majority share in Arsenal FC.

"China’s leading e-commerce Web site 360buy.com has raised a massive round of funding from Russian Internet investment group Digital Sky Technologies, known for investing in Groupon and Facebook. DST contributed $500 million of the $1.5 billion round, Reuters reports. The company, which is preparing for an IPO in 2013, previously raised funding from Wal-Mart Stores."

http://allthingsd.com/20110401/chine...estment-group/
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