China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (2039)	12/16/2003 1:11:14 PM
From: RealMuLan	Read Replies (1) of 6370

PALO ALTO, CA -- (MARKET WIRE) -- 12/16/2003 -- Silicon Valley-based cross-Pacific venture capital and consulting firm DragonVenture, Inc. has recently incubated and invested in eFriendsNet Entertainment Corp ("eFN") (www.efriendsnet.com), a company offering social networking service through Internet and mobile phones in China. ... "The success stories of Match.com and the recent high-profile equity offering of Friendster.com further whet the appetite of local investors. Tim Draper of Draper Fisher and Jurvetsen, as the investor of eFN, commented, "I expect this platform to be a base of explosive growth for the company, which will lead to a major international corporation. It will also be an invaluable service to people who need relationship and connections." Other investors include the chairman of Higari Tsushin in Japan, Yangtze Venture the early investor of EachNet, purchased by eBay in 2003, CrossBridge Venture and heads of major corporations and investment institutions in the U.S, China, and Hong Kong. " marketwire.com

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