Tagged: coufenzi

JD.com & Grameen Trust Partner Up on Micro-loans for Entrepreneurs

JD.com is moving quickly to leverage their new crowdfunding platform initially titled  “Coufenzi” by signing an agreement to partner with Grameen China, a non-profit and non-governmental group dedicated to eliminating poverty.  JD Crowdfunding will be used to raise money to establish “ground operations” and then… Read More

China Ecommerce Site JD.com Announces Q3 Results

JD.com or JingDong has announced third quarter financial results today delivering a 111% increase in year over year results in Gross Merchandise Volume (GMV) totaling $11 billion (RMB 29 billion).  Net revenues came  in at $4.7 billion an increase of 61% versus Q3 of 2013…. Read More

Chinese E-commerce Giant Jingdong Launches Crowdfunding Platform

E-commerce and internet giant Jingdong (JD) launched a new crowdfunding platform this week.  Called “Coufenzi” the site has listed 12 initial projects and is similar in approach to Demohour – presently the largest Chinese crowdfunding site. Described as “Kickstarter-like” a report in TechinAsia, Coufenzi is outlined… Read More