VIPStore is the name of the company and we believe it has a great managing team. They have already made more than 10 campaign offers and the order numbers look really good. With this investment, DaD Asia is entering into their second phase of expansion and we can continue on to raising Chinese funds for expansion into other Asian countries.
More and more the Internet is a global business and, to be really big, you need a joint vision that we here at DaD are securing little by little. Does this mean there are no good local businesses? Obviously not. There are and very good ones they may be, but they don’t have the scale of those that can become truly global. China will pass the U.S.A as the number one Internet country in the next 24 months and we must be there. This is something that I recommend to all technology investors in Spain, and DaD Asia is being used as a great vehicle to channel this type of investment.
Translated by Babelic.com
