Beijing-based iPinYou, a programmatic digital ad buying firm, has completed a RMB500 million (US$78 million) new round of financing led by China Mobile Innovation Industry Fund, Beiguang Wenzi Gehua Fund and Shenzhen Capital Group. In an announcement, iPinYou says it has also dismantled its variable interest entity (VIE) structure to become a Chinese company, with […]

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