Chinese online-to-offline (O2O) home furnishing service provider Shengong Zhongzhi Science & Technology Company has secured a US$25 million series C round of financing from Chinese e-commerce giant Alibaba Group, Chinese technology news portal 36Kr reported today. The proceeds will be used to finance the company’s trial operation of launching brick-and-mortar furnishing stores, in cooperation with […]

Alibaba Invests $25M In Chinese O2O Home Furnishing Service Provider appeared first on China Money Network.