China’s largest fashion E-Tailer Xiu.com raised a $100 million worth of joint funds from US private equity fund Warburg Pincus and venture capital KPCB China the online retailer announced Wednesday. This marks the largest B round money raised among Chi…
PayPal, the third-party Internet payment platform of eBay, will terminate its year-old cooperation with AliExpress, the wholesale marketplace for small businesses launched by Alibaba.com. This online payment giant has announced that they will stop prov…
The 700 million male consumers in China are becoming the king’s of international luxury brands, such as LV and Armani. After 30 years of rapid economic development, a flood of high-end consumers are emerging in the country where the fashion world no lo…
