Update On :10 March 2015
In the series A funding from IDG Ventures, Jiemi the Chinese ecommerce app had made the announcement that it has raised several million USD. It is the brain child of Wang Yang who was the former employee of Alibaba and it was found in the year 2014. Wang was one of the founding members of its daily deals service Juhuasuan, but his new venture has more global aspirations.
Jiemi allows users to buy products from all over the world at a discount. These products are photographed and posted by other users. Any user having interest can start photographing local items on sale and become a seller once they get verified by Jiemi. The idea is that Jiemi will take advantage of the global Chinese diaspora to offer discounted brand-name foreign products to Chinese consumers from Chinese-speaking sellers.
Jiemiâ€™s C2C approach also has the advantage that you can follow and chat with sellers as you like and it already has a fair number of offerings across a variety of product categories and countries. With this investment, the company is planning further expansion, and hopes to have 10,000 verified sellers across 100 different countries by the end of 2015. Jiemiâ€™s app is available on iOS and Android.
News Source From : https://www.techinasia.com