I'm Chinese and ppl around me usually use taobao.com by alibaba or jd.com to shop, but I do know young ladies use vip.com to buy luxury stuff too. They running discounted flash sales model and they are doing well now. Final survivor in Chinese flash sale market. Ensogo has to speed up the mobile development indeed, in China around 50% - 70% sales are from mobile phones nowadays for taobao and others. So Ensogo has to keep it up, the company dominate the mobile wins.
E88 Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held