Online Apparel B2C Site Crucco in Talks with Buyer
Sina Tech, 12/18/12
Xu Xiaohui, CEO of Chinese online apparel B2C Crucco, confirmed to Sina Tech today that Crucco is in talks with a prospective buyer. Xu declined to reveal further details, saying that talks were still ongoing.
Xu Chaohui founded Crucco on November 8, 2010, after stints at Chinese software developer and online entertainment provider Kingsoft (3888.HK), China Yahoo, and B2C clothing website Vancl. The site quickly received an eight-figure angel investment.
Keywords: M&A Xu Xiaohui apparel Internet B2C Crucco e-commerce