Caixin OnlineBusiness & IndustryTop Stories Industry 360Buy in More Fund-raising, Strategy Switch
11.26.2012 19:01

360Buy in More Fund-raising, Strategy Switch

B2C site gets another US$ 400 million and sets its sights on increased profits in 2013
By staff reporter Wang Shanshan
a

(Beijing) – As the country's e-commerce companies prepare for year-end sales, China's biggest business-to-customer website, 360Buy, is counting cash after a successful, US$ 400 million fund-raiser.

A source from 360Buy says investors in the latest round of financing are Ontario Teacher's Pension Plan (OTPP) in Canada and the Tiger Fund. The company's valuation was US$ 7.25 billion.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
Trending: e-commerce
COMMENTS (0)
Sign up to receive our free daily newsletter

LATEST VIDEOS

Latest Issue
On the Cover:

' Lead in Cooperation '

World's two biggest powers must remember their common interests outweigh any differences, former U.S. Secretary of State Henry Kissinger tells Caixin in an exclusive interview


Issue 88
April, 2015

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
' Lead in Cooperation '
World's two biggest powers must remember their common interests outweigh any differences, former U.S. Secretary of State Henry Kissinger tells Caixin in an exclusive interview
Issue 88
04.01.2015

Subscribe       |       Newsletter        |        FAQ