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(From SinoCast China IT Watch)
CHENGDU, April 02, SinoCast -- Wu Ge, general manager of Happy Digital, approved On March 25, 2004 that Happy Digital had received venture capital amounted to CNY 20 million (USD 1 = CNY 8.2773 as of April 1, 2004) funded by Shanghai NewMargin Ventures, Motorola, Taiwan-based Uni-President Enterprises Group, and Alcatel.
This is the biggest joint venture ever received by an Internet company in Western China. As a conventional food company, Uni-President Enterprises Group' join has drawn the industry's wide attention.
"As far as I know, more and more traditional companies are hoping to make their loaves and fishes in …