Vancl
According to techinasia.com, Vancl, the Chinese clothing e-tailor, has wrapped up its seventh round of venture capital funding. The newest tranche is worth $100 million. Some in media have questioned the possibility that the company will launch an IPO in 2014 since the latest funding didn't match their expectation.
A Chinese netizen browses the website of online retailer site vancl.com in Shanghai, China, 11 February 2014. [Photo / dfic.cn]
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