Chinese venture capital firm Joy Capital has led a RMB700 million (US$105 million) series D round in Shopex, a Shanghai-based e-commerce software and services provider.
K2VC, New Alliance Capital, Tianxing Capital, Gopher Asset Management, CBC Capital, as well as Shopex's existing investors also participated in the round, according to a company announcement.
Founded in 2002, Shopex develops business-to-customer e-commerce software with payment channels. It provides services such as online retail transaction, supply chain management and financial payment tools by integrating third party resources.
The start-up has two primary product offerings. Shopex Yunqi provides retail, distribution and data management services to micro and small-sized enterprises. ONex provides customers with communications, interactive transactional and open pl...
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