Chinese B2B e-commerce website 99114.com has announced plans to invest CNY10 million to set up an operating center in Jinhua, Zhejiang, to promote regional economic development.
Wang Haibo, CEO of 99114.com, told local media that 99114.com did not previously invest much in the Zhejiang market, but it initially established its market foundation over the last three years. As the demonstration city for e-commerce ventures in China, Jinhua has advantages in the e-commerce industry.
In addition, to accelerate the development of Jinhua as the capital of e-commerce, various related units have enhanced their support to the development of e-commerce in the city. Therefore, it is the right time for 99114.com to set up its operating center in Jinhua this year, said Wang.
Founded in 1999, 99114.com started as a corporate yellow pages services prov...
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