Chinese group buying site raises more capital

PRC group-purchasing website lashou.com (Lashou) has completed a US$110 million series C financing. The core investor leading the financing consortium…

1 minute readApril 21, 2011 at 12:58 AM

Candice Mak

PRC group-purchasing website lashou.com (Lashou) has completed a US$110 million series C financing.

The core investor leading the financing consortium was Milestone Capital. Other participants included Richemont affiliates Reinet Fund SCA FIS, Remgro Limited, and existing investors such as GSR Ventures, Norwest Venture Partners and Tenaya Capital.

A Subscription is Required to Access this Content

Subscribe to China Law & Practice today for:

✓ A database of 3000+ essential documents, including key PRC laws translated into English
✓ Newsletters with business-critical and sector-specific updates
✓ Premium mobile access with timely analysis on China's fast-changing market

Already a Subscriber? Log In. Sign In Now

Questions? Contact us at [email protected] | 1-855-808-4530 (Americas) | 44(0) 800 098 386009 (UK & Europe)