Breakingviews on Twitter
Search League Tables

Friday, 27 May 2016

Amazon of China defies down-round blues after all

Defying blues

The valuation of online shopping site 360buy swelled by 15 pct to $7.6 bln in a year, despite widening losses. VCs continue to pour money into China’s crowded e-commerce space. But as players increasingly compete for market share by discounting, profits look ever more elusive.

This content is for Subscribers only

To access full content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)