Miqi.cn, a leading online cosmetic group buying company in China, has revealed its series-A round fundraising of RMB 10M on September 14th. Before that, Miqi.cn has already got an angel investment totaling RMB 10M in April 2011. Its success in gaining series-A round fundraising partly reveals its huge investment value, since the group buying market is so hot that many VCs and PEs become cautious and more conservative about the market.