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Juhuasuan to Shift to Brand-based Flash Sales Model
Ebrun.com, 9/30/14
Wang Licheng, head of Alibaba Group's (NYSE: BABA) group buy site Juhuasuan, has announced at a company event that Juhuasuan will transition to a flash sales model focusing on brand name products, moving away from the company's current group buy-focused model. Read More
Lafaso Expands Return Service
BiaNews, 9/10/13
Beijing-based women's B2C e-commerce site Lafaso (Lefeng.com) announced today that the company has added 18 cities in 8 different provinces to the list of cities that offer in-home pickup for returns and exchanges. Read More
Lafaso 2011 Revenue Reaches RMB 1 Bln
Tencent Tech, 2/29/12
Wang Licheng, CEO of Beijing-based women's B2C e-commerce site Lafaso.com, has disclosed that Lafaso's ad spend exceeded RMB 20 mln and revenue reached RMB 1 bln in 2011. Read More
TV Program Production Company Wins VC Funding
China Business News, 4/16/08
Ovation Entertainment has attracted capital investment from Sequoia Capital. Read More
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