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According to reports, Mengdongli Angel Investment signed the cooperation agreement worth RMB13.20M with Ayatuan.com on May 2, and completed the first-round financing with RMB3.20M, becoming another investment company whose strategic objectives would focus on a time-limited group buying website. At present, Ayatuan.com has entered the closed beta stage, and is expected to formally launch later this month.
Mengdongli Angel Capital was jointly sponsored by the young entrepreneurs from Beijing, Shanxi Province and other places and accumulated more than RMB100.00M of social capital. Based on Tsinghua Science and Technology Park, it explored business opportunities and talents nationwide. The investment in Ayatuan.com, to a certain extent, proved the success of Groupon once again, meanwhile, led Ayatuan.com standing out from a number of group buy websites.
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