Vision Knight Capital invests in Silver Lake-backed Allyes
Allyes Group, a Chinese online media service provider, has received a strategic investment from Vision Knight Capital, the private equity firm set up by former Alibaba CEO David Wei. It is the largest single investment by Vision Knight since its inception last year.
The deal follows Wei's appointment to the Allyes board last December as an independent director, according to an official statement. Founded in 1998, Allyes claims to be the largest Chinese online advertisement...
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