IDG Capital invests $40 million in Chinese e-commerce solutions firm
IDG Capital Partners, a China-focused venture capital firm, has made another investment in the mainland's rapidly growing e-commerce sector, infusing $40 million in leading foreign-trade e-commerce solutions provider BizArk.
The capital is expected to help BizArk drastically expand its operations, off the back of company founder Zhou Ning's public announcement that BizArk has ambitions to become China's second Alibaba.com,...
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