August 7 News, the source to billion power network explosion material said, Shanda Group has just invested a handmade original platform Wow net, involving the amount or in tens of millions of dollars above.
Wow Net 2008 end of the line, now has original designers, craftsmen, artists shop nearly 1200, is the largest handmade, original products, art online market.
Wow, the angel of the net when the founder of the money for well-known angel investors Wang Yu Investment, and according to sources said, WOW net has been a grand investment.
In addition, the billion power network learned that just won the 40 million U.S. dollar wind-cast American handicrafts online trading platform Etsy also began to focus on the Chinese market, has started with the WOW network of cooperation to negotiate.
August 2011, WOW Net revision for class Etsy Consumer-to-consumer mode, after more than 1 years of development, the number of designers have been settled from the initial 400, up to more than 3,000, SKU also from 5000 to 40,000, has become the largest domestic manufacturers of handmade and designer products sales platform.
Familiar with Wow net platform of industry personage said, wow net of order number, turnover is growing rapidly, this is also wow net can attract some foreign electricity merchant to come to China to discuss cooperation main reason. And get a big injection, wow the expansion of the net will be further accelerated.
It is reported that Shanda has been in the field of electrical business to look for "potential shares" company, previously invested in E-commerce sites include recipes such as electric Trader "gourmet Jay", online film ticket web site "net vote" and so on, and before more rumors have been proposed hundreds of millions of funds investment products Poly network.