Shanghai Furniture E-commerce Provider Receives $160M Series D

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Shanghai-based home furnishing e-commerce platform has received US$160 million series D financing from undisclosed investors, according to an official announcement on its Weibo account.

The proceeds will be used to develop its O2O (online-to-offline) business, as well as hiring new talent, says the announcement.

In 2007, reportedly received US$2 million series A financing from Suzhou Industrial Park Venture Investment Company Limited.

China Money Network

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