Nov 11, 2013
Xu Xiaohui, CEO of Chinese B2C clothing website Vancl, has revealed that Vancl has received a new round of funding worth approximately USD 100 mln. Details of the funding have not yet been released.
Editor's Note: For more background on this topic, please see "Rumor: Vancl Delinquent Payments Due to Late Funding" MD 10/12/13 issue.
Keywords: Xu Xiaohui Vancl Internet funding B2C e-commerce apparel
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