It should be that Yang, the chairman of Tianxia Cooperation, who is in charge of the O2O platform, signed an investment agreement of 1 billion yuan with Xie Shihuang, the head of Lakeside Shannan Fund and co-founder of Alibaba, and officially completed the first round of investment of Lakeside Shannan Fund in Tianxia Cooperation.

Yang, chairman of Zhang World Cooperation, said that after this round of financing, it will accelerate the deepening and integration of retail markets in various regions, increase investment and the construction of service stations, and establish a more perfect supply chain e-commerce platform for small and medium-sized supermarkets.

According to Cha Jiulan, chief operating officer of Tianxia Cooperation, at present, the network of Tianxia Cooperation covers almost the whole country, with more than 200,000 supermarkets and 30,000 suppliers, which basically opens the community retail terminal market in China.