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Nancheng Department Store

Nancheng Department Store
2001 FOUNDED
M&A STATUS
10K-15K EMPLOYEES
M&A LATEST DEAL TYPE
$240M LATEST DEAL AMOUNT
Description

Operator of a department store chain primarily offering supermarkets, household appliances and boutique stores. The company is dedicated to creating comfortable and convenient shopping environment for local consumers, offering affordable goods and healthy and fashionable products.

Website
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Department Stores
Other Industries
Other Retail
Parent Company
Better Life (China)
Primary Office
  • 38 Chaoyang Avenue, Chaoyang Business Plaza, Building 21
  • Nanning, Guangxi
  • China

+86 0771 000 0000
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Nancheng Department Store Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 12-May-2014 $240M 000.00 00000 Completed Generating Revenue
2. Secondary Transaction - Private 000.00 Completed Generating Revenue
1. Later Stage VC 01-Jul-2012 $70.6K $70.6K 00000 Completed Generating Revenue
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Nancheng Department Store Former Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Cowin Capital Venture Capital Minority 000 0000 000000 0

Nancheng Department Store Executive Team (2)

Name Title Board
Seat
Contact
Info
Ling Chen General Manager
Yongli Zhong Founder & Chairman

Nancheng Department Store Board Members (1)

Name Representing Role Since Contact
Info
Yongli Zhong Nancheng Department Store Founder & Chairman 000 0000