Finance:WWE & Company
WWE & Company is a fashion, beauty and lifestyle technology company specialising in the development of mobile, cloud-based, O2O commerce enterprise technologies, targeting the mainland Chinese consumers. WWE is a joint venture between The Wharf (Holdings) Limited (SEHK: Script error: No such module "Leading zeros".&sc_lang=en Script error: No such module "Leading zeros".), Walton Brown Group (a company of The Lane Crawford Joyce Group), and eCargo Holdings Limited (ASX:ECG), initially capitalised at RMB 300 million. WWE & Company was founded and led by Thomson Cheng, President of Walton Brown, and Christopher Lau, CEO and Founder of ECG, as co-CEOs in Hong Kong. [1]
Walton Brown and ECG jointly invested RMB 150 million for an initial 50% equity interest and The Wharf (Holdings) Limited, which operates Harbour City and Times Square in Hong Kong, will co-invest another RMB 150 million for a 50% equity interest through Novel Colour, a wholly owned subsidiary.[2]
WWE is headquartered in Hong Kong and has an office in Shanghai.[3]
References
- ↑ "eCargo shares are going nuts". http://www.businessinsider.com.au/ecargo-shares-are-going-nuts-2016-7. Retrieved 28 July 2016.
- ↑ "ECG new strategy to launch China shopping mobile platform". ASX. http://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=ECG&timeframe=D&period=M6. Retrieved 26 July 2016.
- ↑ "WWE & Co.". http://wweco.com/. Retrieved 27 July 2016.
 |
