Easou gets new round of funding

BEIJING - Shenzhen Easou Technology Co Ltd, which has run China's first mobile search engine Easou.com since 2005, said it received $50 million in a new round of funding and may go public on the Nasdaq in New York as early as 2013.

SB China Venture Capital, the Hsinchu, Taiwan-based company United Microelectronics Corporation and French venture capital company Ventech joined the latest round of funding, according to Frank Wang, founder and chief executive officer of Easou.

The funds will be used for recruiting new employees, investing in research and development and building up the company brand, Wang said.