Beautiful round NET raised $ 700 million valuation of 7 billion

Beautiful round NET raised $ 700 million valuation of 7 billion

The afternoon of January 18 message, beautiful round NET CEO Wang told the media that today, the United States recently completed $ 700 million in financing, valued at 7 billion US dollars, regardless of the market the last two years. On investment and financing details, Wang has not been disclosed, and said it will be announced later.
Wang said that since last year, the United States Mission had established a “playing major platforms” as the core, and began a more perpendicular to the direction of multiple business lines development.
Group Vice President Wang Huiwen has performed on us at this stage the whole layout described as “t-shape strategy”, cross-group, vertical vertical categories, sold outside the US mission, and so on.
It is understood that the group-buying business has cut into additional market segments, including movie tickets and hotel business, and at this stage most popular takeout business also achieved some success.
Wang said that in the ticket business,, the United States sold amounted to 5 billion at the box office last year was 1.5 billion, 3 times more than doubled from the year before, and by the end of December, one out of every three tickets are sold by the United States Mission.
In addition, the beautiful round two business highlights in the hotel and a take-away. Hotels become the area’s second-largest online hotel marketing platform outside selling area in November 2014, group orders amounted to 1 million in a single day in December, rose from 1.5 million in a single day.
At present, Super 200 million active users, covering 1006 municipalities, partners with more than 800,000, up 400% from last year or more.
Industry analysts said meituan O2O encoded at the same time, mobile traffic entry still needs more input, this will be the group needs to cut to the point in the competition. The source also said the Group has always been very client-oriented investment and subsidies, but not so much in corporate investment, this will probably be the next to consider development of a direction.
US mission launched in 2010, the same year he received from Sequoia Capital series a $ 12 million investment in July 2011 and b round of $ 50 million investment in Alibaba and Sequoia Capital. In May of this year received $ 300 million c round of funding, led the investment institutions are pan-Atlantic capital group c round of financing valued at about $ 4 billion.

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