Mogujie

Tencent is venturing into what has traditionally been Alibaba’s turf: retail.

China’s startups pulled in over US$35 billion in investment cash in 2015. After all that, let’s see who are now the top-funded startups.

The Chinese entrepreneurs on this list are rising stars. Some have already had successes, while others are just starting out.

When it comes to sales, there’s no question that China’s on top. But Chinese consumers also did far more purchasing via their mobile devices than Americans did during this year’s online shopping bonanzas.

Goldman Sachs’ Magnolia Fund led the investment followed by Zhixin Capital, Qiming Ventures, IDG, and Banyan Fund.

Mogujie, China’s money-spinning Pinterest clone, is venturing even further into e-commerce these days. The site has launched an open platform for e-sellers, aiming to make it easier to have a

Let me explain this from a personal point of view being a female in my twenties who likes to keep up with fashion trends yet has no time for visits

Mogujie (left) and Mogujia show off their daily deals. Entering China’s ferocious daily deals sector – where thouands of sites go out of business every year – seems about as

Just as the rumors said a couple of months back, China’s top Pinterest-like social commerce site, Mogujie, has secured a major series C funding round. It was led by IDG.

E-commerce is a massive industry in China. This sector presently generates revenue close to 2 trillion RMB ($315 billion) and there are plans set by the authorities for the industry