(Decanter) - One of China's biggest online wine retailers, Jiuxian.com, has said it raised funds with partners to buy a Bordeaux château worth up to 10 million euros.

China’s Jiuxian.com has said that it plans to invest ‘a maximum of 83 million RMB [10 million euros]’ with a consortium of partners in order to buy a Bordeaux winery, reports DecanterChina.com.

Its statement follows a flurry of activity for Chinese investors in Bordeaux this year, led by Alibaba billionaire Jack Ma’s purchase of Château de Sours.

Jiuxian.com hasn’t named a target or said where it is looking, but it said that it plans to directly import wines from the producer.

The purchase is expected to be a joint venture of multiple investors. Jiuxian.com plans to invest a maximum of 10 million RMB of its own money.