CHONGQING (CQNEWS) -- Chongqing electronic commerce enterprises attract attention from domestic investors. Zhubajie Website, the biggest creative transaction platform registered in Chongqing, gained strategic investment of 10 million US dollars from International Data Corporation (IDG), the world's largest investment corporation on April 7, 2011.
Zhuabajie Website has gained venture investment of 10 million yuan from Born Science and Technology Group as early as 2007 and used it for website infrastructure construction, media publicity, recruitment and so on.
The strategic investment gained this time will be used for business expansion, brand spread and new product development. Zhubajie Website expects to be listed on the Nasdaq in three or five years. (Translated by Li Yao, Fathom Language Limited)
