Wanda E-commerce, a joint-venture e-commerce firm established by China's Dalian Wanda Group, Baidu, Inc. and Tencent Holdings Limited in August 2014, has received RMB1 billion (US$160 million) investment from two financial investors, according to an official announcement. The investment values Wanda E-commerce, which is expected to be fully operational in the fourth quarter of 2015, […]

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.