98ep.com Secures RMB350 Million in Round C Financing
98ep.com, China’s largest e-commerce enterprise engaged in corporate printing and customized products, held a press conference relating to its round C financing at Park Hyatt Beijing on June 29. Founder and CEO of 98ep.com Ms. Zhang Hongmei, Vice Chairman and CEO of Fosun Mr. Liang Xinjun, renowned film director Mr. Sun Zhou, over 300 entrepreneurs from various sectors, and representatives from nearly 100 media publications were in attendance at the event. CEO Zhang of 98ep.com officially announced that its C round financing in the aggregate amount of RMB350 million had been secured, in respect of which Fosun Group was the leading investor and SoftBank was co-investor.
Dual magic weapons of 98ep.com: “98-Procurement” & “Corporate-level Sharing Economy”
The “sharing economy” model that general consumers are so familiar with has allowed many people to enjoy convenience and reasonable prices, such as those familiar services offered by Didi-Dache, Uber and Airbnb. At the press conference for the round C financing of 98ep.com, CEO Zhang Hongmei put forward the new concept of “corporate-level sharing economy”.
Zhang Hongmei noted that “The thousands of manufacturers can be seen as taxis, while those corporate users that need to make procurements can be regarded as waiting passengers. We gather all of them together on 98ep.com, which assists both factories and corporate users with their selections regarding deployment of resources, such that the