Tagged: richard liu

“PayFi” Network Huma Celebrates $38M Raise

Fintech Huma, a self-described PayFi network, has raised $38 million in funding. Distributed Global led the equity round, with participation from Hashkey Capital, Folius Ventures, the Stellar Development Foundation, and TIBAS Ventures, CVC arm of İşbank, the largest private bank in Turkiey. Part of this… Read More

JD.com Launches Equity Crowdfunding Platform with 11 New Campaigns: Promotes Chinese Entrepreneurship

JD.com, Inc. (Nasdaq:JD), China’s leading online direct sales company, today announced its launch of a series of initiatives to help finance, develop and promote the creation of start-ups in China. The new JD Equity Crowdfunding platform, which builds upon JD.com’s success in the area of Internet finance, is expected to… Read More

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

Send this to a friend