Successful financing of IDG-ACCEL China Capital Fund08/29/2009

In May 2008, IDG-ACCEL China Capital Fund has completed a $600 million new financing. As the third fund of IDG and ACCEL Partner¡¯s cooperation, it is also the largest-scale fund under IDGVC Partners¡¯ management. So far, the fund that IDG Capial Partners is managing has achieved over $2 billion.