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The News Said That The Sale Of $100 Million Was Genuine.

2011/5/25 9:32:00 45

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Van Customer Financing Market

According to people familiar with the matter, China was raised by $100 million at the end of last year.

Network brand

Apparel retailer

vancl

We are planning a new round of financing, raising at least 100 million US dollars.

According to the person familiar with the matter, the new round of financing was valued at $3 billion for van worth, and the last round of financing in December last year valued $1 billion for the company. The main investors were Ceyuan Ventures, Tiger Global Management, IDG Capital Partners, Qiming Venture Partners and Qiming.

Last October, it was reported that sales of 2011 were expected to grow two times to $3 billion, and planned to be listed on the Nasdaq Stock Exchange.

Today, there are reports that van IPO is planning to go to the US for $1 billion in the fourth quarter of this year.

For a new round of US $100 million financing, the person familiar with the matter said that the valuation of US $3 billion not only shows the existence of China's e-commerce market bubble, but also indicates the huge development space of the market.

"In 10 years, you may believe that e-commerce will become the mainstream mode of purchase, because the traditional shopping experience in China is not smooth," the person familiar with the matter said.

Xu Chuansheng, partner of Matrix Partners (David Su) believes that Moonbasa.com, Menswear, and menswear retail website Martha Maso (MasaMaso.com) represent the future of China's retail industry.

Xu Chuansheng also said: "the development of online consumer brands to the offline industry is a force that can not be ignored."

At present, van customer has begun to consider expanding the international market business, and recently launched an English version of the website, which seems to attract foreign consumers.

This does not mean that the size of the Chinese market is not big enough. According to a report released last month by AI consulting, the volume of e-commerce pactions in China has reached 461 billion yuan (US $70 billion 800 million) in 2010, of which B2C pactions amounted to RMB 63 billion yuan (US $9 billion 700 million).