88tc88 bags funding to satisfy Chinese demand for western e-commerce

Expand its sales team and operations

Chinese e-commerce site, 88tc88, has secured an undisclosed investment from Alstin. The firm, which sells songs, games, e-books and apps, exploits the demand in China for western products and the gap left in the market by the absence of suppliers such as iTunes. The Beijing and Berlin-based company says it will use the capital raised to expand its sales team and operations and to fund a nationwide rollout by the end of the year.

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