KongZhong Corporation, a Chinese mobile Internet company, has reached an agreement with Nokia Growth Partners (NGP) for an investment fund of around US$6.8 million in 5-year convertible senior notes. NGP would also receive warrants to purchase an additional 2.0 million American Depositary Shares priced at US$5.0 per ADS, exercisable within five years.
Tools: platforms to help you reach new audiences
Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…