[Abstract] after more than three years of development, mogujie.com has accumulated nearly 80 million users, mobile monthly active users over 35 million.

Tencent science and technology Hu Jun June 6th reported

recently, mogujie.com has completed a new round of more than two hundred million U.S. dollars of financing, investment valuation of $one billion. Mogujie.com round of financing by several well-known investment institutions competing sought, and ultimately by Hopu investment, capital letters and several Zhi co lead investor in the fund, Qiming venture partners, IDG capital, Gao Rong capital fund also participated in the investment, let mogujie.com be concern about the continuing rise. Previously, mogujie.com has also been Bertelsmann Asia Investment Fund, loved the letter capital, Qiming venture partners and IDG capital and other investment institutions.

after more than three years of development, mogujie.com has accumulated nearly 80 million users, mobile monthly active users over 35 million.

by the end of 2013, mogujie.com launched the excellent store platform, without the use of any promotional means, the monthly sales that exceeded $300 million, and more than 60% from the mobile platform. This allows mogujie.com to change from the original screening, recommended to serve the vertical electricity supplier of female users. Structural changes in the business model, so that mogujie.com can control the quality of the business, product quality, service level, more flexible and efficient to continue to enhance the consumer experience.

two hundred million U.S. dollars will continue to mogujie.com customers, technology, employee oriented business philosophy, will be more resources into the consumer experience, business platform, team development and other fields. Mogujie.com will also invest a certain amount of resources in the field of open source technology, return to the open source community support for mogujie.com and all entrepreneurial teams.