
SBCVC, New Horizon lead $119m round for China fashion site

SBCVC and New Horizon Capital have led a RMB1 billion ($119 million) Series C round for Chuchujie, a Chinese mobile e-commerce platform.
Shenzhen-based Stone VC and Eastern Bell Venture Capital also participated. Founded in 2011, Chuchujie started as a shopping guide platform that provided information on deals - priced at RMB9.90 or below...
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