YuuZoo Corporation Limited announced that it has entered into a joint venture agreement with Hamon Private Equity to develop a targeted social e-commerce network for investors, offering a wide range of financial products and services. The network will showcase and distribute a wide array of financial products and services. Users will be able to interact directly with, and get investment advice from specialists in the financial community.

Targeted primarily at the China audience, the network, named YuuInvest, will initially be nested under YuuZoo's Chinese site, www.yuuzoo.cn. Under the agreement, YuuZoo will be entitled to a pre-agreed proportion of the revenue generated from the network. The revenue is expected to come from e-commerce and advertising revenue, as well as fees generated as a result of transactions completed through YuuInvest.