Domestic B2B e-commerce operator JQW went public on the Alternative Investment Market (AIM) of London Stock Exchange on December 9 at a valuation of 1.4 billion yuan ($229.10 million) to raise 350 million yuan of funding (report in Chinese).

The capital will be used to develop a mobile platform, as well as establishing a financial and trading platform to bring its existing users to an international audience. In addition, marketing and advertising programs will be launched to attract international members and promote the Group’s fee Chinese paying members to a global market.

JQW provides small and medium-sized Chinese business an online platform to advertise their products to other businesses.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.