Home Linens E-tailer Dapu Lands USD 3 Mln Angel Funding
DoNews, 1/08/13
An industry insider reported today that Dapu, a home furnishing B2C site launched by Wang Zhiquan, the founder and former CEO of Chinese home appliance and consumer electronics retailer Gome's (0493.HK) B2C platform Coo8, has received USD 3 mln from an angel investor. When contacted, Wang confirmed that the site had received USD 3 mln in angel investment, but said that the deal had not yet been finalized, and that Dapu is still in talks with the investor, whom he declined to identify.
Editor's Note: For more background on this topic, please see "Founder of COO8.com Launches Dapu.com" MD 8/28/12 issue.
Keywords: Wang Zhiquan Internet funding B2C Dapu e-commerce home improvement