Domestic outfit electric business platform to put net claims D round of $160 million

of domestic home outfit electric business platform to put the net recently announced to obtain the total $160 million D round of funding, however, it did not disclose the specific investors.

terms net (www.jia.com) was founded in 2005, is the domestic earlier focus on e-commerce platform decoration, building materials, home field. According to the data, the network provides the globe in December 2014, its net substation has 50 towns across the country, 8 million registered members and 4 m decorate company and building materials furniture brand suppliers, gathering together the national well-known designers, 250000 people, has been to provide decoration solution for 8.25 million owner.

the data shows: in 2007, its net for suzhou china-singapore throws the first round of capital injection, in 2009 and gain faith of guangdong development bank capital injection, CDH and baidu also successively in 2010. In November 2014, its net investment in 2014 a-share listed companies the seagulls sanitary ware (stock code: 002084), became the seagull bathroom’s second-largest shareholder. To put the net turnover in 2013 from $2009 in 3.2 billion jumped to 20 billion yuan, more than 30% market share, especially obvious advantages in the field of the calibration products.

its network CEO said: “the first round of funding will continue to be used for O2O cities strategy in national landing process; Second will be used to create sophisticated combat team, in particular to reserve talents of more mobile end; Finally we will dig an outfit niche business opportunities, in order to form industry closed loop, and thereby create more transparent prices for consumers, more high quality products and reliable service.”