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Chinese Liquor Sales Move Online As E-commerce Firm Closes Funding

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Chinese spirits and alcohol B2C e-commerce website Jiuxian.com announced that the company has gained additional investment of CNY200 million. This is reportedly the third-round of financing for the company in China, following the two rounds completed in 2011. Wang Xiuming, vice president of Jiuxian.com, said that the investments were from several funds, including Beijing Rich [...]

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