Sources say China's largest internet portal, Sina Corp. (SINA), has attracted three investment...

|About: Sina Corporation (SINA)|By:, SA News Editor

Sources say China's largest internet portal, Sina Corp. (SINA), has attracted three investment firms that, along with management, will invest $180M in the company. The group – Sequoia Capital, FountainVest Partners, and Citic Capital Holdings – will receive a 9.4% stake in the company. Sina's management is pitching in about $50M, while the investment firms are coughing up the rest.