Papaya: Venture-Backed PapayaMobile Lists On China's NEEQ

Venture-backed PapayaMobile, a Chinese mobile advertising firm, is in the process of listing on China's New Third Board to raise US$40 million, according to a company announcement. The company's shares began trading today on the National Equities Exchange and Quotations (NEEQ). "Listing on the NEEQ is strategic to our international expansion into markets like the [...]Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.