The website says the VCs are chasing after them to give money to Sequoia or tens of millions of dollars
Source: Internet
Author: User
KeywordsRevealed Bu Guangzi
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"This year, the VC chasing the money, we have not wanted." Yesterday, it class consumer e-commerce NetEase Xun technology insiders on the CBN reporter revealed.
But it's not the same lately. In order to get out of the Shanghai market giant's impression, to deal with Jingdong Mall, the new egg network of high-speed expansion, as well as suning appliances, Gome side into the bureau, the company is with Sequoia Capital and other investment institutions, or will reach more than 10 million U.S. dollars in the injection transaction.
The people said that Sequoia Capital will invest about 10 million U.S. dollars, and another Suzhou industrial park under the new venture is expected to inject millions of U.S. dollars.
Xun Network CEO Bu Guangzi did not deny contact with more than VC, but declined to disclose whether the above two companies. He has come to the point where the company is actually pushing the money.
The 32-Year-old Bu Guangzi was one of the founders of the new egg net of China and the core technical director. He founded Xun shortly after his departure in 2005.
In just 3 years, the company has surpassed many peers to become the third largest enterprise in the 3C field, followed by Jingdong Mall and new Egg net. Up to now, its monthly revenue has been nearly 20 million yuan. Bu Guangzi said that 2009 reached 300 million yuan total revenue is no problem.
Bu Guangzi said that the company was established soon, there has been an investment agency to try to contact, but at that time the company is still small, mainly located in Shanghai, the funds come in very useful. Now it's time to need the money. The company has just set up a marketing department, accompanied by the expansion of branch offices and business transformation, funding gap has been very obvious.
Xun is now mainly concentrated in the East China market mainly in Shanghai, it is here "bully", it can under the customer orders the fastest two hours after delivery.
Bu Guangzi said that the initial expansion, will be around Beijing, Shenzhen, Chengdu, Wuhan and other IT industry centers and consumption of mature cities. But he stressed that he would not sign a harsh "betting agreement" with any investor.
Chasing Xun to send money is not a case. Earlier, the big reference founder Yi also revealed, not long ago, its new creation of the network "Second City", there are investors to the door, and the company has just been online for a few days. Earlier, Dell's former global procurement vice President Gege, the original China regional President Liu Junling founded the online supermarket "No. 1th Shop", also claimed to be cautious choice of investors.
In fact, Jingdong Mall last year to get the capital of today, United Bulls and investment banker Leung 21 million of billions of dollars before, there are a number of VCs try to participate. After getting the money, it has been expanding at a rapid rate this year, with nearly 2000 employees up to now.
In addition to independent e-commerce, traditional retail enterprises are also constantly entering. Two weeks ago, Suning chairman Jindong in Shanghai on the CBN revealed that in late this month, the company's business will be officially online, and is expected to let Suning appliance plug wings. The company's Nanjing headquarters PR people said yesterday that it was being tested in-house.
The source said that at the end of last year, Gome's business was intended to be officially online, but because of the final delay in the case of Huang Guangyu.
Bu Guangzi said that the value of E-commerce in China is entering a new round of revaluation, but the overall still belongs to the initial stage, there is no real competition, because we are still groping. He says the Xun is shifting from 3C to "community +b2c" mode.
"At least 3-5 years, this field will form a basic competition pattern, clear outline, 5-10 years, will appear the elimination competition." "There is no real sense in the current market rankings," Bu Guangzi said.
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