SIG commits $20m to China discount site 51Fanli
SIG China has committed $20 million in a Series B round of funding to 51Fanli, a Shanghai-based online discount aggregation site.
The site has previously obtained $10 million from Qiming Venture Partners and Steamboat Ventures in 2011, AVCJ Research's records show. The net proceeds will be directed toward offline services, as well...
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