I bought the net to raise the overseas direct mining

Absrtact: After 100 million dollars in financing, I bought the net of the expansion of the stronger emboldened. A few days ago, I bought a network to announce the completion of the B round of 100 million U.S. dollars financing, the round of financing by IDG Capital, a round of the fund to chase, after the completion of financing, COFCO is still its biggest

After 100 million dollars in financing to hand, Cofco I bought the expansion of the net more sufficient. A few days ago, I bought a network to announce the completion of the B round of 100 million U.S. dollars financing, the round of financing by IDG Capital, a round of the fund, after the completion of financing, COFCO Group is still its largest shareholder. The financing will be used to strengthen the overseas direct mining, front-end supply chain and fresh cold chain distribution and other original advantages.

According to my network related responsible person revealed that this round of financing is IDG Capital in the electricity business industry's largest investment, Sai Fu fund in July last year for Cofco I bought a net inject tens of millions of U.S. dollars of financing, this is two times. After a huge injection of capital, I bought the net will continue to layout overseas direct mining business. At present, I buy net overseas direct mining accounted for about 15%, the second half will add overseas direct production SKU nearly 500, high-end milk, beef, seafood, fruit juice, wine, water will become the key category.

Because of the genetic advantage of the parent company, I bought the net to get the purchasing support from the overseas company of Cofco, the Cofco United States, the Cofco Europe, the COFCO Germany and other institutions have become the cooperation objects of the COFCO. In June this year, I bought the net on a chartered plane to purchase the American car, Thai bamboo also became my net overseas Direct mining project object.

Ruzenwang, an analyst at the electricity business, said that overseas direct mining is expected to become a competition barrier in the fresh field of my buying net. "At present, fresh electricity commodity quality is good and bad, most of the operation is to buy hand system, whether the procurement quality or delivery time can not be guaranteed." Ruzenwang said that after getting the financing, I bought the net can vigorously develop overseas direct purchase, and in the domestic fresh cold chain distribution to do more efforts.

However, there are also insiders believe that Cofco group of state-owned enterprises background is not only the advantages and disadvantages, such as not to market, I bought the network in the tide of the electricity business progress will be affected. Gaoning, chairman of Cofco Group, said that the establishment of market-oriented operating mechanism and the expansion of multiple financing channels would also be beneficial to the future development of enterprises.