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
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
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
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
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