Private equity investment in the Chinese Internet industry slowed in the first half, according to a report issued Tuesday by Zero2IPO, a Beijing-based consultancy.
The report recorded 79 investment cases involving a disclosed total of $532 million from January to June. The number of cases was down 20 percent compared with the second half of 2011, when 99 cases were recorded.
Most of such Internet investment was directed toward e-commerce companies, network marketing firms and the online gaming industry.
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