Investment management firm China International Capital Corp. has led a new funding round worth RMB618 million (US$95 million) in Hupu Sports (Shanghai) Media Ltd., an online sports information, retail and entertainment community. It is unclear how Hupu is valued in the round, but Chinese media reported that the company is now a unicorn and valued over US$1 billion. Hupu and CICC did not respond to an inquiry from China Money Network to confirm the valuation.