Caixin
Nov 02, 2012 05:52 PM

Delivery Service Ventures into Cyber Cuisine

 
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(Beijing) –The market is buzzing about a possible fund-raiser by S.F. Express (Group) Co., one of China's major delivery services, for an unconventional but dramatic foray into e-commerce sales of imported food.

S.F. Express officials have talked to Hony Capital and CITIC Private Equity Funds Management Co. about financing plans and the new focus on cybersales, said Gong Wenxiang, founder of a industry consulting firm Shenzhen Chudian E-commerce Co.

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