Sources said Mecoxlane Nasdaq IPO application is approved

SAN afternoon of Oct. 7, according to sources, the online clothing business Mecoxlane IPO application has been approved by the SEC, NASDAQ will soon.

Mecoxlane CEO Advisory Board prepared a media interview earlier in the spring, said the company is currently the team's qualification and management capacity has been in line with U.S. market conditions.

1996 Lin founded McCaw, is the first company to receive government approval of foreign-funded enterprises engaged in mail order business. Warburg was controlling party of gold, invest 43 million U.S. dollars. After 8 years of continuous losses, became profitable in 2004 Mecoxlane. In 2008, Sequoia Capital China fund to more than 8,000 million U.S. dollars in investment holding Mecoxlane. (Wood)

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