Localist digital media outlet Local Press survives funding scare as new shareholder jumps on board

Chinese digital media outlet Local Press has survived a financial scare after introducing a new shareholder, academic Joel Lau Chi-lai. Earlier, the outlet had said that if it did not raise enough funds before the end of February, it would end its operations. New shareholder Lau was appointed as its president on Wednesday. According to Local Press, … Continue reading Localist digital media outlet Local Press survives funding scare as new shareholder jumps on board