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CellphonesBox.com got a 3-million-dollar investment from Focus

According to sources, China’s first online wholesale site WWW.CellphonesBox.COM reached an investment contract with Canada Focus Private Equity Investment Company. Focus will offer a first-round fund injection of three million dollars, which can be ranked as another private equity investment in IT field. It is also considered a new high of the shortest capital attraction period. According to its domain registration information, we will easily find this site just celebrated its first month anniversary.

Focus is a Canadian private equity investment company managed as a family business. In its early years, it was mainly engaged in angel equity in the fields of infrastructure, aviation, etc. So Pandaoo.com is a new attempt for Focus on internet, who takes CellphonesBox.com the only investment target in China’s market.

According to sources concerned, the business pattern of CellphonesBox.com is to directly sell Chinese-made products around the globe through the internet, especially the US and Europe, where people are able to save as much as 50% of the prices of the local products. In the past, major B2C companies like Amazon.com were focusing on the US and European markets, whose influence on China were very limited, and people could hardly find any made-in-China goods online. But now CellphonesBox.com is making it possible that Chinese-made products are directly wholesaled into US market. Because of the price differences between directly-wholesaled Chinese products and Chinese products in American shops cellphones is able to maintain both competitiveness and a delightful profit margin of their products.