Vipshop
Ensogo raises another US$30mil by issuing 183mil new shares
ASX-listed e-commerce company Ensogo Ltd has managed to raise another A$38 million (US$29.7 million) from institutional investors, by issuing 183 million new shares.
China’s Vipshop takes 12.2% stake in Ensogo
E-commerce company Ensogo Ltd, formerly iBuy, said it has secured a strategic investment from China’s online discount retailer Vipshop Holdings Ltd. Vipshop will take a 12.2% stake in Ensogo by being issued with primary shares.
