Sequoia Capital has invested 'multiple millions of dollars' in Milanoo.com, a China-based online retailer and wholesaler with a "passion for fashion". The proceeds of the financing rounds will be used to strengthen Milanoo's product supply system, optimize its online shopping platform, allow it to lower its prices and to hire more people.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/cxIdMV0BYZg/
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