Abstract January 18th, local life service platform announced the completion of a new round of $700 million financing. U.S. group in this round of financing valuation reached $7 billion, which means that the company has become one of the fourth largest electricity supplier in China after Alibaba, Jingdong and vip.com.
U.S. mission network CEO Wang Xing (China) in the new year media conference, the first disclosure of the company’s financial situation
January 18th, the local life service platform announced the completion of a new round of U.S. $700 million round of financing. U.S. group in this round of financing valuation reached $7 billion, which means that the company has become one of the fourth largest electricity supplier in China after Alibaba, Jingdong and vip.com.
I come in a throng, the U.S. mission network CEO Wang may have come to the individual business history of distance listed on the dawn of the nearest place. Previously, this name has a bright symbol of intelligent mind door men had a series of the founder of the school network, the domestic network, Fanfou and many other Internet Co, who all have HanHen and eventually. OK, Wang Xing will be the "Dongshan at the" send beauty group, and thus won the "letter of business model".
, however, the United States announced a new round of financing after the announcement, but Wang Xing shouted brake, 2015 and next year, the listing will not be our main goal. If any of the first listed, it basically means that it gave up, surrendered."
independent of Ali’s quadrupole
Wang Xing yesterday at the new year’s media conference, the first disclosure of the company’s financial situation: in 2014 the U.S. group net annual turnover exceeded 46 billion yuan ($7 billion 400 million), an increase of. December 2014 single month more than 6 billion 300 million of the transaction amount, on the same day trading volume of more than 300 million in December 31st, refresh the record. Current U.S. mission network has covered 1000 cities across the country, more than 10 million merchant cooperation. Wang Xing claimed that the U.S. mission network in the group buying market accounted for more than 60% of the share, as the largest movie O2O platform, the largest hotel distribution platform and the largest online takeaway platform."
Wang Xing also confirmed the scene of the recent round of U.S. financial information, recently completed a $700 million financing, valuation reached $7 billion. Investors and other further information may be released later."
can be speculated that Sequoia should still be the largest institutional investors in the United States, which has been accompanied by the United States since the beginning of the A round. Alibaba is still uncertain with the vote, after the past investment transactions, Ali shares accounted for more than 10% in the u.s..
Wang cleverly "whitewash" relationship with the Alibaba: "thank you very much for Ali to support us, is our investors from the B round start. But we are very independent, but we are not going to the stand, because we think we can make a team." He stressed that with this round of financing $7 billion valuation >