China's largest alcoholic electric business enterprise Beijing Jiuxian Electronic Commerce Co., Ltd.

Jiuxian Network announced the acquisition of C-round http://www.aliyun.com/zixun/aggregation/153.html "" > investment, the financing by Beijing Wo-Yan Capital Management Center, such as a number of funds combined investment, the total amount of 200 million yuan.

Jiuxian Network said, the company experienced a short period of more than 2 years of development, 2011 sales reached nearly 500 million yuan, with more than 3 million users, as of the first half of this year, the sales of Jiuxian net compared with the performance growth of the same year over 10 times times. Jiuxian Network Chairman Shang said Jiuxian network is expected to achieve 2 billion yuan sales target this year.

Shang said: "We will put this round of financing into the National key urban areas of warehouse and logistics system construction, optimize the website shopping experience and it platform, optimize product structure and category, to attract the industry elite team to join, as well as the Jiuxian network brand building and so on." ”

Jiuxian network is still in the stage of continuous investment, Jiuxian network vice President Xiuming said that the Jiuxian network is currently selling liquor has been realized, but because of the huge investment in logistics, last year, the overall loss of 80 million yuan.