Monday, July 29, 2013

Fortune Venture Capital Deals on B2B Website

Fortune venture capital announced recently, the domestic venture capital enterprise e-commerce platform to domestic commodities treasure island network by injection of 100 million yuan, the first round of investment of not less than 50 million yuan. In the spread of financial crisis is still in the present, almost all of the venture capital institutions hold back pockets, under the background of prudent investment, fortune venture capital and inverse city, however, for the first time in the Internet industry, threw million yuanta, industry attention.

Treasure island network exchange was founded in 2004, is a rising star in the fields of e-commerce, e-commerce is mainly engaged in commodities. Commodities mainly refers to the chemical industry, fuel oil, plastic, steel, rubber and other standardized product raw materials, relative to the taobao, ebay and clap nets C2C website, treasure island network of both the seller and the buyer's factory, traders and other business units, is a kind of new mode of B2B platform, because the products are the raw materials of standardization, so easier to conclude the transaction, and the single transaction amount is larger, so the business is developing very rapidly and has achieved profit two years ago, is now at the rate of doubling every year in growth. But because the business has been very low-key, fortune venture capital in the three months ago to contact the company, through frequent and thorough understanding on both sides, then quickly finished the work.

Fortune venture capital considers its determination to cast hundred million yuan, mainly is the recognition of the enterprise management team as well as the plain and the profit pattern of diversity and innovation, and very bullish on China's new B2B e-commerce development prospects, believed that along with the network gradually standardize and familiar for people, whether in the field of personal consumption C2C e-commerce is a new model of B2B e-commerce, between enterprises will usher in a new round of spring after the financial crisis.

According to fortune venture capital sources revealed that the money will be mainly used for the integration of mergers and acquisitions related websites and segment scale introduction of high-end talent. Fortune venture capital also had high hopes for this cooperation, hope that through capital injections to further strengthen treasure island industries involved in the current leadership, and promote a treasure island at the new business development within a short term.


The personage inside course of study thinks, the electronic commerce field in the financing should be after the financial crisis in the largest financing, believe that this would lead to more venture capital financing to pay more attention to China's B2B e-commerce.

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