Warburg Pincus and CICC-Qianhai have jointly invested US$100 million in Chinese e-commerce player WSmall.com, according to Chinese media reports. CICC-Qianhai was an investment entity established by China International Capital Corporation Ltd., Shenzhen Qianhai Financial Holdings and Industrial and Commercial Bank of China in 2014. Founded in 2009, WSmall.com combines e-commerce and entrepreneurship by aggregating over […]

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