Rumor: ShopEx Lands RMB 30 Mln Series D Funding

Ebrun, 3/20/13

On March 20, an industry source revealed that Chinese e-commerce software and services provider ShopEx recently received RMB 30 mln in fourth-round investment from Legend Capital. When contacted by Ebrun for verification, a spokesperson for ShopEx declined to comment.

ShopEx's previous three rounds of investment came from Legend Capital and Chinese e-commerce conglomerate Alibaba Group; as in this case, the exact amount of investment was not disclosed.

Shanghai-based ShopEx Network Technology was established in 2002. The company offers clients application platform, consulting, and management services, cross-platform, multi-channel e-commerce solutions, and all-in-one e-commerce store solutions. ShopEx has also developed a number of software products (including e-commerce store systems, management systems, and tools) aimed directly at providing merchants using Alibaba Group's C2C & B2C e-commerce site Taobao with more precise operations and management options.

Keywords: e-commerce service provider e-commerce Internet funding fourth-round Legend Capital ShopEx

Feedback

Sending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily