Globalmarket.com reportedly received a US$30M syndication investment from JAFCO Asia, NIFSMBC (the direct investment unit of Daiwa Securities Co., Ltd. and Sumitomo Mitsui Banking Corporation) as well as three publicly traded companies on overseas capital markets. All the funds had been disbursed to GlobalMarket.com.  

The next step of Globalmarket.com is to seek for an IPO though there is no specific timetable for it. Now, Globalmarket.com has reached qualifications and requirements for a listing entity. Last year, its turnover amounted to several hundred million yuan and its profit several ten-million yuan. Globalmarket.com chief executive officer Feng Ling said the company will take into account going public abroad, such as on the Tokyo Stock Exchange.

Different from the traditional third-party¡¯s platforms for B2B enterprises, Globalmarket.com puts an emphasis on high-end market. Headquartered in Guangzhou, Globalmarket.com, whose clients are pure manufacturers, has long rooted in the Yangtze River Delta and Pearl River Delta areas.