Showing posts with label Kuaishubao. Show all posts
Showing posts with label Kuaishubao. Show all posts

Monday, April 2, 2012

Sina Weibo will start to accelerate their EC business.

According to the news, Sina Weibo invested 9 million RMB to EC comapny "Kuaishubao" by using their Weibo specific fund.

















Kuaishubao is a one of EC company in China for selling mainly books, and it's a their feature they deliver ordered products within in a hour on large cities(ex. Beijing, Shanghai, Shenzhen and so on).

Actually, you may feel 9 million RMB is a little bit less amount, but Sina Weibo said their one of profit source will be EC business, so this action is a prologue that they start to accelerate their EC business.


We will have to keep attentions what Kuaishubao will do actions on Sina Weibo from now on.


Original article => TechWeb