Capital, Earnings & M&A
Lei Jun Makes a Move: Meicai's Community Group Buying Project Meijia Youxiang Secures Nearly 1 Billion Yuan in Investment
Multiple industry insiders have revealed that Meicai.com has recently secured nearly 1 billion yuan in investment, possibly from its early investor Shunwei Capital, with funds primarily allocated to its community group buying project Meijia Youxiang. The investment is seen as a major move in the community group buying sector, potentially disrupting the market.
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