Comment on Chenwei Ventures Led Series A Round in Mobile Shopping App by mCommerce Service Koudai Gouwu Raises Series C Funding Led by Tencent - TechNode

['Ben Jiang', 'More Ben Jiang', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] Comments for TechNode 2012-04-10 00:00:00

Mobile app developer Koudai Gouwu ( or Pocket Shopping) announced today raising Series A round of US$ 12 million led by Chengwei Ventures. The Beijing-based team also made available its mobile shopping app Guangtaobao (Taobao Shopping), which is characterized by its recommendation feature and discovery engine. The app, dubbed Guangtaobao, is now live on several platforms including Apple’s app store and Google Play. “There’re more than 1 billion items available on all these ecommerce websites, how could you find the ones that you’ll lose your heart to? Founded in May of last year, the company as of now boasts a headcount of about 70.