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South China City announces stakes in Marco Polo

Source: Internet
Author: User
Keywords Stakes Nancheng announced Marco Polo
Tags business business e-commerce business-to-business business-to-business e-commerce company e-commerce company joint joint venture
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Summary: South China City announced a stake in Marco Polo Beijing time September 16 morning news, South China City Holdings Limited issued a notice in Monday, said the company's indirect joint venture affiliated company Time Epoch and business-to-business E-commerce company Marco Polo signed an investment cooperation agreement. Agreement
South China City announces stakes in Marco Polo

Beijing time September 16 morning news, South China City Holdings Limited issued a Monday evening announcement that the company's indirect joint venture affiliated company Time Epoch and business-to-business E-commerce company Marco Polo signed an investment cooperation agreement.

The agreement shows that the time epoch will be 22.5 million U.S. dollars (about HK $175.5 million) for Marco Polo issued 7,058,824 shares of B series shares, Marco Polo shares about 19.05%.

South China City and Marco Polo will mainly focus on the small and medium-sized enterprises of O2O business services, in China to build a leading online and offline business fully integrated SME eco-industrial chain. (Lin)


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