Tuesday, March 3, 2015

China’s Vipshop invests US$5M in Ensogo; takes 12.2 per cent stake

China’s online discount retailer Vipshop*has invested US$5M in e-commerce portal Ensogo Vipshop Holdings has acquired a 12.2*per cent*stake in Ensogo The partnership will help reduce*delivery times and improvement in mobile shopping Ensogo, the e-commerce business in the Southeast Asia and Hong Kong region, has secured US$5 million investment from China’s online discount retailer, Vipshop. As...

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