Capital, Earnings & M&A
50 Days, 2 Billion Capital Seizes Community Group Buying
Multiple entrepreneurs claim that community group buying will become a trillion-yuan market, and in the future, this field will give birth to its own Meituan or JD.com. In 2018, considered a year without a trend, an O2O war called 'community group buying' is erupting. In April 2018, 'VC Queen' Xu Xin of Capital Today led the investment in Xingsheng Youxuan. By August 2018, the community group buying model began to see frantic capital pursuit. In just three months, over 2 billion yuan poured in, with participants including many top-tier VCs: GGV Capital, IDG, Sequoia China, Joy Capital, ZhenFund, etc.
薛小丽