Thursday, October 23, 2014

Koudai Gouwu raises US$350M in Tencent-led Series C funding

The Chinese e-commerce company*will use this massive*investment*to expand its user base Chinese e-commerce*company Koudai Gouwu*– or*Pocket Shopping in English — quietly revealed*in a posting to its Weibo account yesterday that it had raised US$350 million in series C funding led by Tencent, one of Alibaba’s biggest competitors in the online retail space. Kuodai had originally*raised...



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