Mobile internet company buys 12 million dollars in pocket shopping

Source: Internet
Author: User

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Mobile shopping application "shopping Taobao" screen screenshot

Sina Science and technology news April 10 afternoon, mobile internet companies "pocket shopping" and Taobao wireless open platform to publish mobile phone shopping application "Taobao", and announced the acquisition from the investment of a round of 12 million U.S. dollars financing.

"Pocket shopping" by CEO Wang and President Hou Xun founded in May 2011, the first on-line on September 15, 2011, the current "Taobao" application has launched iOS, Android, Symbian, HTML5 and other versions, the application currently has nearly 2 million active users, Taobao has been the wireless open platform at the end of 2011 Mobile Entrepreneurship Competition Third prize.

Wang said, "pocket shopping" using waterfall flow display, mobile phone to view the details of goods, collection, shopping, and so on, its characteristics, through the user's habit of "training" to achieve intelligent recommendation. At present, the funds are not tight, to become the fund received 12 million dollars a round of financing, will be mainly used for product development.

The "pocket shopping" side admits that they have similar ideas at the beginning with the current mobile dealer clients such as Mushroom Street. The latest data show that "Mushroom Street" has more than 9.5 million users; Beautiful said "Mobile client daily traffic tens of millions, has completed the third round of 20 million U.S. dollars of financing."

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