Lexin plans to invest USD 15.9 million with its partners over the next three years.
Beside seeking unique omni-channel experiences, Secoo is now entering the alcohol industry.
The initiative marks the first collaborative campaign since Secoo and Parkson formed a strategic alliance in January.
It is widely suspected that Baidu’s lawsuit against Wang was the major pressure for the resignation.
Haichuanghui fuels entrepreneurs with Haier group’s domestic and international resources.
This is the first time that Secoo’s closing price has surpassed its IPO price since its listing last September.
The NASDAQ-listed company reveals greater ambitions as its market foothold strengthens.
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The investment came last late year and evidences Flipkart’s ambitions in India’s hugely competitive logistics market.
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