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Shanghai Jade Buddha Temple’s exclusive response: No angel investment in “Ele.me”

CCTV Shanghai News on August 24 (Reporter Han Xiaoyu) Recently, information such as "The Jade Buddha Temple once made an angel investment of 100,000 yuan in 'Ele.me'" has been circulated on the Internet.

A reporter from China Central Broadcasting Network exclusively learned from the Shanghai Jade Buddha Temple on the 24th that "Ele.me once took 100,000 angel investments from the Jade Buddha Temple" as false information, and "The Jade Buddha Temple has never participated in any angel investment."

Relevant people from the Shanghai Jade Buddha Temple said that in 2009, the Jade Buddha Temple, together with the Shanghai Charity Foundation, the Municipal Education Commission and the Municipal Youth League Committee, the four units jointly launched the Shanghai Charity Foundation's "Jade Buddha Temple Juequn College Student Entrepreneurship Fund"

The project aims to support full-time graduates from ordinary universities in Shanghai and full-time graduates from ordinary universities in Shanghai who are interested in starting a business.

As of 2020, the "Jade Buddha Temple Juequn College Student Entrepreneurship Fund" has funded more than 200 entrepreneurial projects, among which "Ele.me" was a funded project of the venture fund in 2009. "The Jade Buddha Temple has never participated in any angel investment."

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