It is reported that this round of financing Yu Ying investment (ClearVue PARTNERS/CVP), Oak Investment Group (Oak Investment) and well-known angel investors with investment, including Kailian Ming Investment founder and managing director Chen Weili will join the 5 to buy the board.
Yin Ruje, founder and CEO of 5, said that the B-round financing will be mainly used for shopping search portals to help 5 buy Web site research and development, marketing and continuous innovation. Plus a round of $7.1 million in February 2012, won by Oak Investment Group, helped 5 to get 23.1 million dollars in financing.
It is reported that help 5 buy in December 2011 officially online. Its data shows that at present, the daily average UV has nearly 3 million, the daily average PV has nearly 50 million (including web sites, software, PC mobile clients, etc.), and contains more than 300 million merchandise data, including commodity information, user comments, shopping related articles, etc., data from more than 6,000 consumer websites, covering goods, group buying, tourism, Promotional, ticketing and other vertical products. The goal of this site is to overtake a shopping search engine next year.
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