Chinese Online Retailer 360buy.com Attracts Investors

360buy.com is the biggest business to consumer website in China, so it is no surpirse that this company is attracting big time investors. Most recently Robin Li, founder and CEO of Chinese search engine giant Baidu.com (as well as the richest man in mainland China), has chosen to invest in the growing company. Other investors in 360buy.com include the Walton family, who controls Wal-Mart Stores Inc, and Digital Sky Technologies, the Russia-based internet investment group that owns stakes in Facebook and Groupon. At the end of last month 360buy.com was valued at about $10 billion dollars. Clearly they're doing something right. Post your comments below.

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