Fans Completed $230 Million F Round Of Financing

On the morning of December 3rd, Fan Ke Cheng pin CEO Chen in the fourth annual "entrepreneur" annual meeting gap today revealed to the media, everyone has completed the F round of 230 million US dollars 5 months ago, the funds have all been credited.

At present, all customers have warehouses in 28 places, and a large number of them have been put in. Advertisement This will be the main purpose of the recent round of financing for van customers. Chen believes that cash is not the most important factor at this stage. The most important thing is the growth of business and the rate of repeat purchase.

Chen said that in 2000, Internet sales had experienced many stages, and the difficulties encountered in 2001 to 2003 were much larger than those at present. At that time, millions of dollars in financing had been very large. "If this comparison, today's market environment and the current space is much better than before."

For e-commerce enterprises are "losing money," the statement, Chen said, Amazon founded in 1994 after the acquisition of excellent network ten years later only slightly profitable, and now Amazon has a market value of hundreds of billions of dollars of enterprises, by contrast, China's e-commerce is too small.

"It is too arbitrary to make life and death decisions for thousands of e-commerce companies. If the founder team continues to move forward, no matter whether he chooses to lose money or make profits, it is the founder's own choice. Chen said.

Talk about Electronic Commerce B2C platform competition, Chen said the biggest black horse this year is Suning Appliance. Suning is the most powerful traditional Internet entry company in recent years. Whether it can succeed or not, it depends on whether or not Suning can take a breath. If Su Ning succeeds in transformation, it will lead the tide of traditional enterprise transformation.

Recently, Mr Wu, vice president of victman, resigned. Chen only expressed his blessing.

In addition, there is a divergence of opinions on the valuation of the listed companies after the investors are listed. One of the investors of Huaxing capital, CEO package, says that in the six round of financing, investors are very consistent with the listing expectations.