The red child has finally broken the silence

mother and child commodities in the midst of selling rumors Shanghong children finally broke the silence. Red child Vice President Ying introduced, Red Children's fourth round of financing 20 million dollars has been accounted for, the money is mainly from the Arctic light, NEA and triumphal investment in the additional investments.

Ying revealed that the financing will be mainly used for red children in the country's business channels of the ground activities, continue to introduce a more complete category of mother and child goods, while using Yu Yu shopping mall merchandise and mother and child products of the cross marketing. At present, Jing-dong, when the website of electric dealers have been killed into the mother and child commodity field, which not only squeezed the red child's market share, and even threatened the red child's living space. Ying said that the red children in the total operating income, the number of users can not be compared with Jingdong, cat, but in the depth of service, viscosity and quality is still in the leading position.

Warburg Pincus invests 55 million dollar investment king

Warburg King will make a total of USD 55 million investment to the company through its subsidiaries. It is reported that the money will be used to accelerate the company's business development, expand the number of stores and regional distribution.

Warburg Pincus entered China in 1994, has invested in a number of industry-leading enterprises, such as: 7 Days Hotel, Yintai department stores and Red Star, such as the United States Kai Lung. Warburg Pincus was founded in 1966, has raised 13 private equity funds, in more than 30 countries, more than 650 enterprises accumulated investment of more than 40 billion U.S. dollars. At present, the company manages more than 30 billion dollars of assets, its holding investment enterprises in the start-up, growth, maturity and other stages of development, covering petrochemical, pharmaceutical, telecommunications, High-tech, manufacturing, retail and real estate and other industries.

Humorous funny net 9GAG won 2.8 million dollar Seed fund

Humor comedy Net 9GAG recently received 2.8 million U.S. dollars seed fund, the investor includes Freestle Capital, True Ventures, the Startup, the one Round capitals and many other investment companies and venture capitalists.

9GAG said it will use this round of seed funds to expand the number of team members, open up international markets, marketing to expand the number of community users.

9GAG was founded in 2008, each month has 70 million independent visitors, the monthly clicks reached more than 1 billion times. One of the main reasons for 9GAG's success is its social-sharing function, which is shared Facebook500 million times a month, with more than 1 million followers on Twitter. Information Finishing Fangjun