Pass The Beauty Of Mogujie.Com, Say The Merger Agreement Is Announced Today Or Announced.
Recently, according to investment sources,
Mogujie.com
and
Beauty theory
The merger talks have been completed and will be announced as soon as possible. No comment has been made on the NetEase's technology telegram.
It is disclosed that the two sides will refer to a few cases of merger before the paction will take the form of exchanging cash plus cash, and the ratio between the two sides will be close to 1:1.
This merger is the largest matching party capital side. One of the two investors, high leverage capital and Tencent, has made a commitment to invest more in the new company.
Statistics show that both sides have gone through several rounds of financing, and the 5 round has already been carried out.
financing
The total amount of financing is US $250 million.
Investors include Tencent, Ji Yuan capital, Sequoia Capital, blue Chi ventures and Qing Ke ventures.
The latest round of financing was in March 2014, and hundreds of millions of dollars were invested from high altitude capital.
In November 2015, mogujie.com has just completed the 200 million dollar financing of Ping An venture capital and Tian Tao capital, after investor shareholders include high allocations capital, Gao Rong capital, Bertelsmann, Magnolia investment, IDG capital, Qiming venture capital and sincere letter capital.
The source said that the biggest reason for the merger was the high cost of both sides, which led to the current pressure of losses. The changes in the capital market had to allow investors to sit down and discuss the merger.
It is revealed that after the merger, the new company is in charge of mogujie.com CEO June, and beauty says CEO Xu Yirong will lead the core team to focus on HIGO business.
After the merger is completed, Tencent and Gao Ling promise to invest in new companies no less than mogujie.com's latest round of financing figures, which means that the minimum amount should be no less than $200 million.
News, according to investment sources, the merger talks between mogujie.com and beauty have been completed, and the results may be announced today.
Neither answer was given.
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