VC-backed ChinaCache goes for NASDAQ IPO
Venture capital-backed ChinaCache International Holdings, which claims to be China's largest online content delivery service provider, has applied for an IPO on NASDAQ, promising a liquidity event for investors including Intel Capital and Qiming Venture Partners.
Founded in 1998, ChinaCache has been growing its operation to capture 60% of market share in the country, and has attracted several venture capital firms. These included JAFCO Investment (Hong Kong) Ltd.,...
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