The latest news, the Chinese herbal medicine B2B e-commerce platform "medicine trading network" recently officially announced the completion of 20 million yuan A round of financing, the investment institution is the Shanghai Health Medical Industry Investment Fund managed by Ruijian Capital. Prior to this, the medicinal materials trading network had obtained the investment of RMB 10 million in angels from the angel investor Wang Gang in July 2015.
According to public information, the medicinal materials trading network mainly provides one-stop trading for the upstream and downstream of the Chinese medicinal materials industry through the SaaS system and the warehousing and logistics system, eliminating the intermediate links and allowing farmers and drug dealers to directly sell products to downstream buyers.
According to Guo Wei, founder and CEO of the medicinal materials trading network, the current medicinal materials trading platform has launched nearly 900 kinds of Chinese medicinal materials including sungrass, flowers, fruit seeds, roots and other categories (covering 70% of the industry). Medicinal herbs), which have gathered medicine farmers and cooperatives from Yunnan, Guangxi, Gansu, Guizhou, Sichuan, Hubei, Hunan, Henan, Anhui, Shandong, Inner Mongolia, and Northeast China. They also established a professional database containing medicinal materials. Picture, category, grade, place of origin, scientific name, alias, English name, Latin name, etc.
The purchasers of the medicinal materials trading network are mainly domestic wholesalers and foreign drug manufacturers, pharmaceutical factories, Chinese medicine hospitals, cosmetics factories, food and beverage plants, wholesalers, and even sellers of e-commerce platforms such as Amazon.
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