VC funding
By Ding Yining |
April 12, 2011, Tuesday
|
Print Edition
Print Edition
DOMESTIC group-buying website Lashou.com yesterday said it has secured US$111 million venture capital in its third round of financing, the largest sum of funds secured by these website operators so far.
Institutional investors include Milestone Capital, the Reinet Fund SCA FIS under the Richemont Group, Remgro Limited and GSR Ventures. The capital will be used to build call centers to enhance user experience, boosting logistics service and expanding markets.
Institutional investors include Milestone Capital, the Reinet Fund SCA FIS under the Richemont Group, Remgro Limited and GSR Ventures. The capital will be used to build call centers to enhance user experience, boosting logistics service and expanding markets.
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