March 5 News, Cofco Group chairman Gaoning today in the media interview revealed that the group I bought a net womai.com recently won hundreds of millions of yuan of venture capital.
Gaoning said the group's sales are expected to reach 200 billion yuan this year, with a 40% increase in product research and development investment. In the way of investment, COFCO overseas investment is bullish on developed and emerging markets, and the way of investment will be transformed from mergers and acquisitions to joint ventures.
I bought the net is Cofco Group 2008 Investment founder of the Food class business E-commerce site, covering snack food and oil and cereals and snacks cake baby food fruit juice Beverage Wine tea seasoning Convenience food and breakfast food and other hundred categories.
According to Gaoning, I bought the net will soon from PE (private equity investment) and VC (venture capital) that the investment, the amount of about hundreds of millions of yuan, accounting for the total assets of the company add, but the future Cofco remains the largest shareholder.