U-YOU Homeshopping

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U-YOU Homeshopping - overview

About

Based in Shanghai, China, and founded in 2007, Shanghai Tongfang Youyou TV Shopping Co. , Ltd. (formerly Shanghai Youyou TV Shopping Co. , Ltd.

), doing business as U-YOU Homeshopping operates as a home shopping or TV shopping company that sells a wide range of consumer products. In September 2007, the firm raised USD 16 million in a financing round led by TPG, Softbank China Venture Capital, and Tsinghua Tongfang. In 2010, Shanghai Oriental TV Shopping Co. , Ltd.

, a subsidiary of SMG, acquired it wholly. The company, through its home shopping platform, offers a variety of products including home appliances, consumer electronics, kitchenware, cosmetics, beauty, clothing, as well as accessories including jewelry, watches, etc, for its customers, enabling them to place orders through telephone. The firm has a network of logistics centers at various locations, and its sales channel covers nearly 15 cities including Suzhou, Wuxi, Hangzhou, Xiamen, Qingdao, Kunming, Shanxi, etc. The company also provides after-sales service support for its clients.

Primary Industry

Retail

Sub Industries

Household Appliances, Consumer Electronics, Clothing, Beauty & Hygiene, Accessories, Retail

Website

www.uyougo.com

Total Amount Raised

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