Hangzhou city, Zhejiang province-based maternal and infant supplies e-commerce portal Beibei.com has received RMB150 million (US$24.3 million) series A financing from its parent company Hangzhou-based Husor E-Business Co., Ltd., according to Chinese media reports. IDG Capital and Banyan Capital also participated in the round. The proceeds will be used for business expansions and brand-building. Founded […]

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.

Visit the original source and full text: China Money Network