|Post IPO Valuation|
|POST IPO FUNDING TOTAL||$195M|
|Post IPO Equity, 1/2014 |
China South City is implementing a differentiated strategy of transforming existing local wholesale markets into modern large-scale trade and logistics centers. We recognize its unique business model and the results it has achieved. Chinese small-to-medium sized enterprises have huge demand to expand their businesses online. Cooperation with China South City enables us to jointly facilitate such enterprises migrating online, utilizing China South City’s physical locations and logistics capabilities, together with Tencent’s Internet user platforms and technology capabilities.