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KPCB-Backed Chinese Group-Buying Site ManZuo.com Sold To Suning
Aggregated Source: China Money Network
Nanjing-based Chinese home appliance retailer Suning Commerce Group Co. says it has acquired Chinese group-buying site ManZuo.com for around $10 million, according to media reports. ManZuo, which means "all seats are full" in Chinese, received $10 million in series A funding from Kleiner Perkins Caufield & Byers (KPCB) in 2010. It then raised $50 million […]

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