Beijing-based short-video mobile app maker MiaoPai has received US$50 million series C financing led by Kleiner Perkins Caufield & Byers (KPCB) China, according to Chinese media reports. Sina Corp., Redpoint Ventures and StarVC also participated. As part of the deal, Wei Zhou, managing partner at KPCB, will join MiaoPai's board of directors. Launched in September […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.