Himfr.com reports Father of PHS Wu Ying Trader Fund: 3 million U.S. dollars investment e-commerce

UT Starcom, as the soul, "the father of Little Smart," Mr. Wu joined early last year, and Lee Investment Group (CTC) fought in the Fund's investments and has been little news. "Daily Economic News" recently learned that Mr. Wu is more than 300 million U.S. dollars investment in Shanghai an e-commerce companies - sale and purchase to mention Network Technology Co., Ltd. (hereinafter referred to as sale and purchase to mention).

In addition to Mr. Wu, the former UT Starcom senior vice president of Lok Zhenwu mentioned sale and purchase as a director, well-known Taiwanese investors, Ling-Guo Kong also appeared in the list of directors mentioned in the sale and purchase.

Yesterday, the CEO of sale and purchase put pine trees accounted for, "said Wu Ying in just two hours finalized the investment." Pine, according to accounts for introduction, sale and purchase mentioning that the CTC is currently investing only a B2B company.

It is worth mentioning that Alibaba is Wu Ying also participated in an early case of successful investment is one of Wu Ying Son together with the right investment in Alibaba's first place in B2B is also no one would dare predict the future in 1999. 10 years later, Wu Ying once again to invest in the B2B industry.

Pine accounted for, said, CTC, has made no contract with the right bet on the agreement, the pre-investment models have all been put in place. For a new round of expansion, he is preparing the company's third round of financing. According to its introduction, sale and purchase to mention last year's sales of more than 1000 million, currently in Beijing, Zhejiang, Guangzhou, Fujian and other places had been operational.

In June 2007, known as "China's Digital Hero" Wu Ying to leave UT Starcom, six months later, Mr. Wu joined the high-profile announcement CTC.

In addition, UT Starcom's experience seems to have given Mr. Wu experiences and lessons learned, "Investors should not interfere with business operations, but should do more to help businesses grow in his capacity as a supporting role." Accounted for pine, according to presentations, music , Yu and Ling-Guo Kong and others mentioned only in the sale and purchase as a director is not responsible for the company's daily operations.

CTC is headquartered in Shanghai, in Beijing, Suzhou, Taipei, are equipped with segment, focusing on communications, media, high-tech industry, new / clean energy and consumer market opportunities.

In Wu Ying view, partial technology-based businesses will be the focus of CTC, and his investment philosophy is that "advanced technology is not necessarily successful, the success of the technology must be acceptable to the market." In his view, as long as give people save time, save money, save energy industry has made great future prospects for development. The sale and purchase to mention it seems in line with the Wu Ying in the eyes of the two characteristics of technologies and services.