Memsic Inc (MEMS) began trading on The NASDAQ Global Market 　 Memsic Inc began trading on 10am, US llocal time, Dec 14th, 2007 on The NASDAQ Global Market under …… ChinaEdu Corporation (CEDU) began trading on The NASDAQ Global Market 　 ChinaEdu Corporation, an online educational services provider in China began trading on December 11, 2007 on The NASDAQ Global Market under the symbol "CEDU",the first company in China in this sector to go public on overseas capital market…… Glu Mobile Inc agreed to acquire MIG company 　 Glu Mobile Inc ,the second largest mobile games publisher in USA, said on Nov 29th, 2007 that it has agreed to acquire Beijing Zhangzhong MIG Information Technology Co. Ltd., a Chinese company that also publishes games for the mobile market. Glu will pay $14.7 million in cash plus additional…… NetDragon (8288.HK) shares began trading on Hong Kong's Growth Enterprise Market 　 Online game developer and operator NetDragon (8288.HK) shares began trading on Nov 2nd,2007 on Hong Kong's Growth Enterprise Market. NetDragon shares opened at HK$19, which is a 44.16% increase from its pricing…… Tudou.com has completed Series C funding 　 Tudou.com announced on April 16th, 2007 that it has completed Series C funding in a round led by Capital Today, General Catalyst Partners,Korean KTB, JAFCO, IDGVC and Granite Global Ventures…… Focus Media Holding Limited and Allyes announced their consolidation 　 Focus Media Holding Limited (Nasdaq: FMCN) announced on March 1st, 2007 that it has entered into a definitive agreement to acquire Allyes Information Technology Company Limited. Under the agreement, Focus Media will acquire a 100% equity stake of Allyes for $70 million in cash and $155 million in the form of Focus Media ordinary shares, and an additional payment of up to $75 million in Focus Media ordinary shares contingent upon Allyes meeting certain earnings targets during the twelve month period from April 1, 2007 to March 31, 2008 …… IDG-ACCEL China Growth Fund Closed Successfully 　 In December 2005, IDG-Accel China Growth Fund closed successfully, with the total volume of more than US $290 million, which is almost equivalent to the total investments of IDGVC in China.IDG-Accel China Growth Fund will be managed jointly by IDG Technology Venture Investment LLC (IDGVC) and Accel Partners, with the capital mostly from leading institutional investors, who are long-term partners of Accel worldwide…… Entrepreneurship Competition Kicking Off 　 After 3-month preparation and operation, IDGVC released the first award list of its Business Idea Competition on December 8, 2005. During this quarter-long time, the competition website (www.myidgvc.com) has received 660 “ideas” with 648 has been verified valid……