Lashou raises $111 million and plans expansion abroad
By Shen Jingting | China Daily | Updated: 2011-04-12 08:00
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A Lashou.com advertisement in a street in Nanjing, Jiangsu province. Founded in March 2010, Lashou has quickly grown into China's biggest group-purchasing website with an estimated market value of $1.1 billion. Provided to China Daily |
BEIJING - Lashou.com, China's biggest group-buying website by market value, said it received $111 million in a new round of funding and is planning to expand in the Southeast Asia market in the second half of this year.
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