Litters Group's original shareholder team poured 50 million dollars into the litters regiment again.

Absrtact: May 21 News, recently litters Group Chairman and CEO Xu Maodong in the media interview revealed that Litters group original shareholder team has poured 50 million dollars to the litters group again, about 310 million yuan, in order to promote the litters regiment to the Life Service field longitudinal deepening development.

May 21 News, recently litters Group Chairman and CEO Xu Maodong in the media interview revealed that litters group of original shareholder team has poured 50 million dollars to the litters group again, about 310 million yuan, in order to promote the litters regiment to the Life Service field longitudinal deepening development.

Litters, the head of the group said the financing will be mainly used for the strategic expansion of the litters group. One is to open up new cities, expand the number of urban coverage, the second is to expand the mobile business, to build Mobile mall, the third is to continue to improve their own products and services, and better serve consumers and businesses.

Litters Group in March 2010 on the line, belonging to the domestic earlier into the group buying market site. But in the fierce competition after, obviously behind the United States Regiment, the public comments, glutinous rice, belong to the second echelon.

This year, the group buying field capital movement frequently. Baidu wholly-owned purchase of glutinous Rice Network (renamed "Baidu Glutinous Rice"), Suningyun business will be full network into the bag, Tencent Strategy holds the public comment network (mass Review Group) 20% shares, the United States Group net access to the Pan-Atlantic capital, Alibaba Group 300 million U.S. dollars financing (C round).