Tuesday, April 21, 2015

E-commerce firm Ensogo raises US$29M from Vipshop, others

It*previously raised US$12.5 million from WF Asian Reconnaissance Fund and Vipshop Ensogo, an e-commerce company with operations in Southeast Asia and Hong Kong, has secured A$35 million (US$29.2 million) from a group of institutional investors in Asia and Australia. Existing investor and Chinese online discount retailer Vipshop has also co-invested. With this funding, the e-commerce...
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