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TMT Industry: Hottest Investment Field in Q3.
BEIJING, October 13, SinoCast -- The average single investment value in China's TMT (Technology Media Telecom) industry made a historic high of USD 13.38 million in the third quarter of 2008, showed a study report on the country's venture capital (VC) market released by ChinaVenture Investment Consulting Group recently.
ChinaVenture attributes the high single investment value to the growth of TMT companies, and their demands for more capitals to speed up the fostering of online video and Internet community market.
In the period, there were 86 investment cases in Mainland China's VC market, climbing 4.9% from a quarter ago, but dropping 21.1% from a year …
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