Fortune Venture, CITIC Participate In $100M Series A In

Beijing-based community e-commerce O2O (online-to-offline) platform has received series A financing of close to US$100 million from Shenzhen Fortune Venture Capital, GP Capital, CITIC Private Equity, ZheShang Venture Capital, and other unnamed investors, according to a company announcement.

Founded in 2012 and officially launched in May 2013,’s platforms connect hundreds of thousands of community convenient stores with end consumers and retailers.

Its network currently covers over ten provinces in China, and the company will use the latest funding to expand its services across the country.

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