WineNice Lands RMB 100 Mln in Second-Round Funding
DoNews, 9/03/12
Lv Yide, CEO of Beijing Jiumei E-Commerce (WineNice.com), recently disclosed that the company is on the verge of completing second-round funding exceeding RMB 100 mln. The funds will mainly be invested in the company's logistics system and offline retail network. WineNice saw annual sales volume reach RMB 150 mln last year, according to Lv, and expects sales to reach approximately RMB 300 mln, or over 100% growth, this year.
Keywords: e-commerce Internet funding retail sales volume second-round logistics WineNice Lv Yide B2C
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