Template:New unreviewed article WWE & Company is a fashion, beauty and lifestyle technology company specialising in the development of mobile, cloud-based, O2O commerce enterprise technologies, targeting the mainland Chinese consumers. WWE is a joint venture between The Wharf (Holdings) Limited (SEHK:0004), Walton Brown Group (a company of The Lane Crawford Joyce Group), and eCargo Holdings Limited(ASX:ECG), initially capitalised at RMB 300 million. The company was founded and led by Thomson Cheng, President of Walton Brown, and Christopher Lau, CEO and Founder of eCargo, as co-CEOs in Hong Kong on 20 August 2015.
The Wharf (Holdings) Limited (SEHK:0004), who owns Harbour City and Timesquare, will co-invest RMB 150 million for a 50% equity interest in WWE, while Walton Brown and eCargo will jointly co-invest another 50%, RMB 150 million.[1]
WWE has one office in Hong Kong (headquarter) and another one in Shanghai.[2]
References
- ^ "ECG new strategy to launch China shopping mobile platform". ASX Announcement. ASX. Retrieved 26 July 2016.
- ^ "WWE & Co". wweco.com. Retrieved 27 July 2016.