|
SUBSEQUENT EVENTS (Details) (Subsequent event, USD $)
|
0 Months Ended | 0 Months Ended | ||||
|---|---|---|---|---|---|---|
|
Feb. 28, 2014
Institutional Investors
|
Feb. 28, 2014
Ordinary shares
|
Feb. 28, 2014
Ordinary shares
Institutional Investors
|
Feb. 28, 2014
ADS
Institutional Investors
|
Feb. 19, 2014
Metasequoia
NetCloud
|
Feb. 19, 2014
Metasequoia
NetCloud
Series A Preferred Shares
Minimum
|
|
| SUBSEQUENT EVENTS | ||||||
| Amount of convertible loan receivable | $ 500,000 | |||||
| Rate added to the US prime rate (as a percent) | 2.00% | |||||
| Description of variable interest rate basis | US Prime rate | |||||
| Term of loan | 24 months | |||||
| Amount of convertible portion of loan receivable | 2,500,000 | |||||
| Value of shares issued | $ 55,000,000 | |||||
| Number of shares issued | 53,855,569 | 3,365,973 | ||||
| Purchase price (in dollars per share) | $ 1.02125 | $ 16.34 | ||||
| Number of shares agreed to be repurchased | 28,960,922 | |||||