The litters group will raise funds from the previous 40 million U.S. dollars to 65 million U.S. dollars

Absrtact: January 31, one of the largest E-commerce platform for life services in China, the litters group updated its prospectus in Friday, raising the proposed funds from $40 million trillion to $65 million. The litters group plans to be listed on the Nasdaq Global market, with the stock code

January 31, one of the largest domestic E-commerce platform for Life Services litters Group updated the prospectus in Friday, will raise funds from the previous 40 million U.S. dollars to 65 million U.S. dollars.

The litters group is scheduled to be listed on the NASDAQ Global market with the stock code "WOWO".

The financial information previously disclosed by the prospectus showed that the company had net revenue of $20.6 million in 9 months, compared to $27.6 million in 2013, and a net loss of $32.4 million, compared with a net loss of $21.1 million in the same period in 2013, 2014.

The litters group had a revenue cost of $5.5 million for 9 months before 2014, compared to $4.7 million in 2013, while gross profit was $15.1 million, compared with a 2013-year period of 22.9 million dollars.

In the 9 months to 2014, the total operating expenses of the litters group were $47.4 million, compared with a 2013-year period of $43.9 million. Among them, 2014 years ago 9 months of marketing expenditure for 8.7 million U.S. dollars, compared to the same period of 2013 8.1 million U.S. dollars, sales, general services and administrative expenditure of 38.7 million U.S. dollars, compared with 2013 the same period of 35.8 million U.S. dollars. The Litters regiment lost 32.3 million U.S. dollars in 9 months of Operation 2014 years ago, compared with a 2013 operating loss of $21 million.