360buy Jingdong Mall Received 21 Million U.s. Dollars Announced Financing
2009 1 13 AP, Jingdong Mall officially announced that the company received from the Capital Today
, male cattle capital and investment banker in Asia, Mr. famous private companies combined total of 21 million U.S. dollars capital injection. This is the financial crisis, China's first e-commerce enterprises to financing.Jingdong Mall East, said Liu Qiang, president, both in economic and capital market in the downturn, the fund also want to select a strong cost control, growth path more clearly, have the capacity for sustainable development of enterprises. Jingdong Mall development is in line with the Fund's request, this is the main reason for the financing company can buck the trend. According to Qiang Dong said, the financing negotiations lasted only one month to reach a consensus. "Of course, the reason smoothly, and investors are also highly effective work team and the domestic consumer market, brand management, retail formats, especially 3C inseparable from a deep understanding of the market."
According to reports, this funding will mainly be used to expand the company's product categories, rich brand, enhance the company's logistics and distribution capabilities. In early 2008, Jingdong Mall will include
Air conditioning
,
TV
,
Washing machine
,
Refrigerator
And other large
Home Appliances
Official product launch. "In 2009, we will continue to enrich the product line and brand promotion will be more good to the consumer, in addition to the product itself that we will seek to foreign suppliers and consumers with more value-added services." In addition, the increased logistics building, to further shorten the delivery time is also important work in 2009.
It is understood that in early 2008 Jingdong Mall of registered users is 30 million, and the end of 2008, this figure has exceeded 1.2 million. Liu Qiang East, said the rapidly growing number of users and consumers demand more services, Jingdong Mall will further expand the existing warehouse, and constantly expand and improve the logistics and distribution systems, "At present, Jingdong Mall has reduced logistics cycle to an average of 3 to 5 days, Beijing, Shanghai and Guangzhou have also realized the 'two-day delivery'. the future will be the introduction of RF (wireless hand-held terminal) pipeline, to further improve the level of modernization of logistics management, the delivery time was reduced to 3 days, and strive to become the fastest growing e-commerce distribution company. "
Miss Xu Xin, president of capital today, said "This year's financial crisis, it will enable consumers to be more sensitive to price, cost advantages of a sophist is no doubt more will be welcomed by consumers. Our management team Jingdong satisfied with the progress of the past two years, the company with excellent results strengthened our capital to increase investment in today's confidence in the East of Beijing. "
360buy Jingdong Mall is the largest 3C B2C online shopping market, the professional platform for e-commerce in China is most welcome and most influential consumer e-commerce websites. According to related statistics, 360buy Jingdong Mall 4 consecutive years of more than 300% per year to maintain the rapid development of sales in 2008 exceeded 1.3 billion, and will thus become China's largest B2C company.
360buy Jingdong Mall Received 21 Million U.s. Dollars Announced Financing
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