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Accel Partners And DCM Invest In UUME
Tags: Accel, DCM, UUME, friendster,
China based social network website "UUME.com" announced Thursday that Accel Partners and Doll Capital Management (DCM) have jointly invested in the company. Details of the deal are still unclear. As with many networking sites, UUME's business model is based on the concept of "six degrees of separation." The site provides social networking services to individual users. Eric Gonzalez, a partner at DCM said that the business model has been successful in the U.S. and that he has high expectations for its future in China. DCM also invested in China job site 51job.com.
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