99VK Obtains Eight-Figure RMB Second-Round Funding
ChinaVenture, 6/30/11
Shanghai Xi Feng E-Commerce Co., Ltd., operator of online healthcare B2C site 99vk.com, has obtained tens of millions of RMB in second-round funding from investment firms Haitong Capital, Hangtian Xin Nengyuan, and first-round investor Sequoia Capital.
CEO Yang Xin said that between the site's launch in late 2008 and the end of March 2011, 99vk.com reached over 2 mln users with annual sales growth exceeding 500%.
Keywords: 99vk e-commerce Internet funding users B2C online healthcare first-round second-round Sequoia Capital