Alibaba now major investor in mei.com

Alibaba now major investor in mei.com

One of the world’s biggest e-commerce companies,Alibaba
just announced that it would be a major investor in mei.com. Forbes reported
that the company would be investing more than one hundred million dollars into
mei.com, a website that sells discounted luxury products from Armany,Tiffany
Jewelry,Shisedo Cosmetics.

Thibault
Villet is the founder of Mei.com.Forbes’ Yue Wang disclosed that the Mei declared $82 Million in revenue in 2013.The company also got $65 million in investment from Investec Bank and Hong Kong-based Jewelry brand Cow Tai Fook.

One Response to "Alibaba now major investor in mei.com"

  1. Sarah de Dieu.   July 8, 2015 at 6:51 am

    Thats a huge investment.

    Reply

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