China media capital li ruigang
How can the answer be improved?Jul 03, 2018 's Most Recent Stories. Chinese media mogul Li Ruigang s China Media Capital (CMC) has raised 10 billion yuan (1. 49 billion) in a Series A fundraising round from tech giants Alibaba and Tencent as well as new investors, including real estate developer China Vanke. The new round of fundraising boosts the valuation of CMC to 40 billion yuan china media capital li ruigang
Li was president of the Shanghai Media Group from 2002 to 2011. Li is currently chairman of China Media Capital which bought a stake in Manchester City football club. He oversaw a mass media holding company that includes television stations, radio, newspapers, magazines, and Internet ventures.