SBCVC, BlueRun Ventures Invest in Newly Established B2C Site (Asia)

Source: Greater China Private Equity Review  |  Author: Maggie Lee

Chinese venture capital firm Softbank China Venture Capital Co. and U.S.-based venture capital firm BlueRun Ventures have reportedly invested US$10 million in Chinese flash sale platform offers discounts and promotions on a range of items including clothing, footwear, fashion accessories, home products, gifts and timepieces.