Ameba Capital Leads $46M In Rural E-Commerce Firm Taoshihui

Ameba Capital has led a RMB300 million (US$46 million) sseries A funding round in Taoshihui, an e-commerce platform targeting China’s rural population, according to Chinese media reports. CITIC Capital, QF Capital and Alibaba's former chief operating officer Li Qi also participated in the round. Founded in 2013 by an ex-Alibaba executive, Taoshihui says it will […]

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Read the original article: China Money Network