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China's First Crowdfunded Cafe Completes First Round Financing

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China's first crowdfunded cafe 3W has reportedly completed its first round financing, which was led by JD.com and participated by Dongfang Hongdao and Tsinghua Holdings. 3W coffee was initiated by Xu Dandan, Ma Delong, and Bao Aile with the crowd-funding model and was established in November 2010. It gained seed money investments from about 180 […]

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