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NEEQ-listed e-business company settles in Wuxi

Updated: 2016-04-18

Xishan Economic Technological Development Area, Wuxi, has welcomed China's first public cross-border e-business company listed on the New Third Board, or National Equities Exchange and Quotation (NEEQ) system, according to xinhuanet.com.

Wuxi Invogue Technology Co, established in 2009, was listed on the New Third Board on Nov 5, 2015, with registered capital of 20 million yuan ($3.09 million).

The e-business company sells around 10,000 commodities, including clothing, accessories, luggage and cosmetics, around the world on the platforms of Amazon, AliExpress and Wish as well as its own choies.com.

In 2015, Invogue’s sales hit 114 million yuan and revenue hit 1.84 million yuan.

The former Wuxi New District, now known as Wuxi Xinwu district or Wuxi National Hi-tech district, was founded in 1992 and underwent administrative changes in 1995, 2002 and 2005.

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