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Retrieved on: 2018-04-09 17:08:39
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<div>After stepping down from New Oriental in 2006, Bob Xu founded ZhenFund with his former partner Wang Qiang and <b>Sequoia Capital</b> to focus on investments in gaming, online education, e-commerce, and mobile internet. The fund plans to raise $190 million for a fifth venture fund within the year.</div>
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