Beijing-based Chinese online grocery store Womai.com has completed US$100 million series B financing led by IDG Capital, according to a company announcement. Existing investor SAIF Partners also participated. Even though the specific investment details were not disclosed, but this is reportedly one of the largest investments IDG has made in the e-commerce sector in China. […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.