Mountain View, Calif. – Google (NASD: GOOG) has made an additional
investment in Chinese digital music service Top100.cn, PC World reported,
citing local Chinese media reports.
The reports indicate that both Google and
NBA basketball star Yao Ming participated in the second round of funding for
the service, which is said to have totaled about $1 million.
Google first
invested in Top100.cn in 2007, as it looked to challenge local search giant
Baidu for a piece of the digital music market in China.
PC World quoted China
Market Research Group managing director Shaun Rein as saying he was surprised
Top100.cn accepted Google’s funding, given its ongoing disputes with the
Chinese government over the censorship of search results.
Related Links:
http://tinyurl.com/3yca8j7
(PC World)
