Chinese website 55tuan.com is reporedly raising $200m from Zero2IPO, Goldman Sachs and others.
55tuan.com, a China-based website to help people make bulk orders online, is reportedly raising up to $200m in series A round ahead of its US flotation.
News provider PEdaily said investment bank Goldman Sachs, data provider Zero2IPO’s corporate venturing unit and venture capital firms, including CDH and Sky Blessing, were involved.
At the end of the last year, Baifen TongLian, a mobile advertising service provider, invested in 55tuan.
