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Rumor: Alibaba Invests USD 15 Mln in Overseas Travel Site Byecity

Sohu IT, 1/10/14

An industry source has revealed that Chinese e-commerce conglomerate Alibaba Group has invested USD 15 mln in Byecity Technology, operator of Chinese overseas-travel focused website Byecity.com. Read More

FClub Lands USD 30 Mln in Second-Round Funding

Ebrun, 8/21/12

Yi Zongyuan, VP of Chinese limited-quantity brand-name products B2C e-commerce firm Jushang E-Commerce (Fclub.cn), recently disclosed on his personal Weibo account that the company landed USD 30 mln in second-round VC funding in April. Read More