Koudai Shopping : Koudai Gouwu raises US$350M in Tencent-led Series C funding

The Chinese e-commerce company will use this massive investment to expand its user base Chinese e-commerce company Koudai Gouwu - or Pocket Shopping in English — quietly revealed in a posting to its Weibo account yesterday that it had raised US$350 million in series C funding led by Tencent, one of Alibaba's biggest competitors in the online retail space. Kuodai had originally raised...The post Koudai Gouwu raises US$350M in Tencent-led Series C funding appeared first on e27.