6 Floor, Tower A, COFCO Plaza, 8 Jianguomennei Avenue, Beijing 100005, China
11 Times Square, 16th Floor New York, NY 10036
6 Floor, Tower A, COFCO Plaza 8 Jianguomennei Ave. Beijing, 100005
84 Brook Street London W1K 5EH
11F 420, Teheran-ro, Gangnam-gu, Seoul, Korea
Xiaohui Cao
Partner
Cui Guangfu
Partner
Jun Fang
Partner
Mei Gao
Partner
Ning Kang
Managing Director
Jianguang Li
Venture Partner
Meng Lian
VP
Dongliang Lin
Partner
Yikun Liu
Partner
Michelle Ma
Partner
Kuiguang Niu
Partner
Hugo Shong
Founding Chairman
Chen Tong
Partner
Jeacy Yan
Partner
Jin Yu Ph.D
Partner
Antony Yung
Partner
Jianbin Zhang
Venture Partner
Suyang Zhang
Managing Partner
Haitao Zhang
Managing Director
Zhiyong Zhen
Principal
Quan Zhou
General Partner
Jian Zhu
Venture Partner
Fei Yang
Director of IPO Division
Past deals in Fashion
Miracle Miles tech
Series A in 2022
Miracle Miles tech is a footwear and clothing enterprise that owns five independent brands.
Doublefs
Series A in 2021
e-commerce fashion platform
Cider
Series A in 2021
Cider is a direct-to-consumer (DTC) e-commerce platform focusing on overseas markets. Its innovative approach to building community, reducing inventory waste, and shipping anywhere has made it a new favorite for a generation of digitally native consumers. By integrating a pre-order option and educating the customer on the possibility of a zero-inventory future, Cider’s retail model is actively reducing the waste that often accompanies accessible fashion — without having to sacrifice affordability. It was founded in 2020 and is based in Hong Kong.
D2CMALL.COM
Series D in 2020
D2CMALL.COM is an e-commerce platform for fashion and beauty products. It combines trendy fashion, cutting-edge art, and personalized design, and it collects the most plentiful, novel, and high-quality women's clothing. Menswear, shoes, bags, and fashion accessories are all available. The official website offers private customized brands in addition to the limited pre-sale of designer products. The D2C designer integration store is now open throughout the country.
Cider
Angel Round in 2020
Cider is a direct-to-consumer (DTC) e-commerce platform focusing on overseas markets. Its innovative approach to building community, reducing inventory waste, and shipping anywhere has made it a new favorite for a generation of digitally native consumers. By integrating a pre-order option and educating the customer on the possibility of a zero-inventory future, Cider’s retail model is actively reducing the waste that often accompanies accessible fashion — without having to sacrifice affordability. It was founded in 2020 and is based in Hong Kong.
Quansu Zaixian
Angel Round in 2020
Quansu Zaixian is a China-based fast fashion export e-commerce brand.
HyperSKU
Series A in 2020
HyperSKU is a dropshipping supplier that provides a comprehensive online platform designed to assist dropshippers and small to medium-sized businesses in scaling their eCommerce operations. The company offers a diverse range of products, including women’s clothing, pet supplies, consumer electronics, health and beauty items, as well as home and kitchen goods. HyperSKU's platform features a dynamic supplier database, real-time synchronization with clients' stores, and affordable express international shipping. These solutions enable users to efficiently source products, fulfill orders quickly, and deliver packages reliably to customers worldwide. In addition, HyperSKU supports services such as customization, private labeling, and warehouse kitchens to enhance the overall dropshipping experience.
GirlCult
Series A in 2019
GirlCult is a stylized national tide makeup brand. It mainly focuses on the post-90s and post-95s crowds. The current product line covers eye shadow, lip glaze, blush, highlights, and other cosmetic categories. Girlcult focuses on avant-garde "stylization" of visual design Label, the first product "Sunlight Allure", has launched a series of products such as gorgeous rock, religious legends, emotional blush, dream highlights
Plum
Series B in 2019
Plum is an e-commerce platform for second-hand fashion products. It works as a one-stop consignment service platform that provides filming, sales, customer service, sale, and a full set of consignment services.
Webuy Group
Series C in 2019
Webuy Group, established in 2017 and headquartered in Hangzhou, China, operates as a community-based e-commerce platform focused on apparel. The company owns several brands, including Shaking Baby and Haoyiku. Webuy Group utilizes a social e-commerce model that connects consumers with brands through WeChat, China's leading social media application. This platform allows merchants to share product links directly within their social networks, facilitating immediate purchases. By leveraging trust built through these networks, Webuy Group enhances customer engagement and offers features such as quick payment settlements and low return rates. Additionally, the company provides ongoing training to support business improvement, helping partner brands manage inventory effectively while enabling individual merchants to reach their customers more efficiently.
Yicang Youpin
Angel Round in 2019
Henan Yicang Youpin Department Store Co., Ltd. is a Chinese retailer that specializes in the online sale of various apparel brands, including clothing, footwear, and children's wear. Established in 2016, the company focuses on promoting domestic brands and operates under a multi-brand strategy that integrates both physical and online retail channels. Its business model emphasizes a new retail format, linking stores with e-commerce to foster a consumer ecosystem. With its headquarters in Xinxiang, Yicang Youpin aims to expand its reach across the country, particularly in third- and fourth-tier cities, through franchise brand collection discount stores and centralized sales strategies. The company supports small local businesses by providing low-cost entry points for aspiring entrepreneurs to launch their own apparel shops, thereby enhancing consumer choices and driving brand promotion.
Beidian
Series A in 2019
Beidian operates as an innovative e-commerce platform that connects consumers, shop owners, and suppliers, offering a diverse range of products including home goods, clothing, food, beauty items, and products for mothers and babies. Unlike traditional e-commerce platforms, Beidian emphasizes social sharing among users, fostering a three-way connection that enhances the shopping experience. The company adheres to a source supply chain model, collaborating closely with numerous high-quality brands, source factories, and agricultural bases worldwide. This approach ensures that consumers have access to premium products at competitive prices, allowing them to purchase better goods while spending less.
DealeXtreme
Series A in 2019
DX is a consumer e-commerce retailer that sells its products through website. Their product categories such as phones, accessories, consumer electronics, computers, office products, automobiles, motorcycles, electrical products, tools, lights, home products, garden products, sports, outdoor, apparel, watches, security, appliances, beauty products, health products, shoes, bags, and hairs extensions.
Acne Studios
Corporate Round in 2018
Acne Studios is a luxury fashion house based in Stockholm, Sweden, that specializes in ready-to-wear clothing, footwear, and accessories for both men and women. Founded in 1996 by Jonny Johansson, the brand is recognized for its distinctive aesthetic, which combines eclectic materials and tailored designs. The product range includes a variety of items such as coats, jackets, jeans, dresses, knitwear, and footwear, as well as eyewear and leather goods. Acne Studios operates flagship stores in key global markets, including the United States, United Kingdom, France, and Japan, and sells its products through a network of retailers and online platforms. The company emphasizes contemporary fashion trends while maintaining a commitment to quality and innovation.
Webuy Group
Series B in 2018
Webuy Group, established in 2017 and headquartered in Hangzhou, China, operates as a community-based e-commerce platform focused on apparel. The company owns several brands, including Shaking Baby and Haoyiku. Webuy Group utilizes a social e-commerce model that connects consumers with brands through WeChat, China's leading social media application. This platform allows merchants to share product links directly within their social networks, facilitating immediate purchases. By leveraging trust built through these networks, Webuy Group enhances customer engagement and offers features such as quick payment settlements and low return rates. Additionally, the company provides ongoing training to support business improvement, helping partner brands manage inventory effectively while enabling individual merchants to reach their customers more efficiently.
Haoyiku
Series B in 2018
Haoyiku is a community-based e-commerce platform founded in 2017 by Qiangqiang Wu and based in Hangzhou. The company focuses on apparel and employs a unique S2b2C model, connecting suppliers, businesses, and consumers. By leveraging social networks and the WeChat app, Haoyiku facilitates a seamless shopping experience that includes rapid payment settlements and enhanced customer outreach. This model not only allows partner brands to efficiently off-load inventory but also enables individual merchants to sell products within their social circles, contributing to a low return rate and ongoing business improvement through training and support.
MagMode
Series C in 2018
MagMode is a men's fashion brand incubator. The company has opened three stores in Beijing, and plans to open more in other major cities in China. It also operates a mobile app featuring the latest international fashion trends and concepts. Initiated by editor-in-chief of the world’s top fashion magazine, fashion director, writer and artist, Magmode collaborates each season with fashion publishers, artists and designers from fashion’s origins including Europe and Japan in order to find and select the most promising designers of the season. Given proper consideration to subtle details, each collection is tailored to best fit Asian figures. By offering a cultural initiative to discuss possibilities of life, Magmode redefines fashion boutique through various means including workshops, photos, videos and publications, with absolute dedication to become an incubator and advocate for fashion and culture. Founded in 2015 by Cai Chongda, the company is headquartered in Minhang, Shanghai, China.
Haoyiku
Series B in 2018
Haoyiku is a community-based e-commerce platform founded in 2017 by Qiangqiang Wu and based in Hangzhou. The company focuses on apparel and employs a unique S2b2C model, connecting suppliers, businesses, and consumers. By leveraging social networks and the WeChat app, Haoyiku facilitates a seamless shopping experience that includes rapid payment settlements and enhanced customer outreach. This model not only allows partner brands to efficiently off-load inventory but also enables individual merchants to sell products within their social circles, contributing to a low return rate and ongoing business improvement through training and support.
Webuy Group
Series B in 2018
Webuy Group, established in 2017 and headquartered in Hangzhou, China, operates as a community-based e-commerce platform focused on apparel. The company owns several brands, including Shaking Baby and Haoyiku. Webuy Group utilizes a social e-commerce model that connects consumers with brands through WeChat, China's leading social media application. This platform allows merchants to share product links directly within their social networks, facilitating immediate purchases. By leveraging trust built through these networks, Webuy Group enhances customer engagement and offers features such as quick payment settlements and low return rates. Additionally, the company provides ongoing training to support business improvement, helping partner brands manage inventory effectively while enabling individual merchants to reach their customers more efficiently.
Haoyiku
Series A in 2018
Haoyiku is a community-based e-commerce platform founded in 2017 by Qiangqiang Wu and based in Hangzhou. The company focuses on apparel and employs a unique S2b2C model, connecting suppliers, businesses, and consumers. By leveraging social networks and the WeChat app, Haoyiku facilitates a seamless shopping experience that includes rapid payment settlements and enhanced customer outreach. This model not only allows partner brands to efficiently off-load inventory but also enables individual merchants to sell products within their social circles, contributing to a low return rate and ongoing business improvement through training and support.
Webuy Group
Series A in 2018
Webuy Group, established in 2017 and headquartered in Hangzhou, China, operates as a community-based e-commerce platform focused on apparel. The company owns several brands, including Shaking Baby and Haoyiku. Webuy Group utilizes a social e-commerce model that connects consumers with brands through WeChat, China's leading social media application. This platform allows merchants to share product links directly within their social networks, facilitating immediate purchases. By leveraging trust built through these networks, Webuy Group enhances customer engagement and offers features such as quick payment settlements and low return rates. Additionally, the company provides ongoing training to support business improvement, helping partner brands manage inventory effectively while enabling individual merchants to reach their customers more efficiently.
PatPat
Series C in 2018
PatPat is an online shopping platform tailored for mothers, providing significant discounts on a variety of products for babies, infants, toddlers, children, and maternity needs. The app features daily deals that can reach discounts of 50-90%, with some items available for free. By maintaining strong relationships with manufacturers, PatPat ensures competitive pricing and a diverse selection of products. The platform makes it easier for mothers to shop efficiently and economically, with new promotional events launching every day at 6am PST.
T She Dingzhi
Series A in 2018
T She Dingzhi offers a platform for clothes design. Their business enables additional, fully-customizable t-shirts, hoodies, and sweaters to its clients. Through responsible, managed services, subscription cultural apparel, and other means, they are dedicated to assisting businesses in improving their services. It adapts and pursues accuracy and exquisite, repeatedly setting the bar for the sector.
Hunlimao
Series B in 2018
Hunlimao is a comprehensive wedding planning platform that operates using an online-to-offline business model. The company offers a range of services, including wedding banquet booking, wedding planning, and photography services, allowing customers to access professional assistance for their wedding needs. In addition to these core offerings, Hunlimao provides complimentary features such as WeChat photo albums, fashion and beauty advice, and personalized wedding planning options. This approach enables couples to streamline their wedding preparations while accessing a variety of essential services in one place.
Plum
Series A in 2017
Plum is an e-commerce platform for second-hand fashion products. It works as a one-stop consignment service platform that provides filming, sales, customer service, sale, and a full set of consignment services.
YCloset
Series C in 2017
YCloset was an online platform based in Beijing that offered a clothing rental and shopping service specifically for women. Founded in 2015, the platform allowed users to enroll for a monthly fee, enabling them to rent clothes and accessories without additional charges for individual items. YCloset operated in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen. The company partnered with over a hundred fashion brands to provide a diverse selection of rental options, helping women stay current with fashion trends without the need to purchase new clothing. However, YCloset announced its closure, ceasing operations by August 15, 2021.
MagMode
Series B in 2017
MagMode is a men's fashion brand incubator. The company has opened three stores in Beijing, and plans to open more in other major cities in China. It also operates a mobile app featuring the latest international fashion trends and concepts. Initiated by editor-in-chief of the world’s top fashion magazine, fashion director, writer and artist, Magmode collaborates each season with fashion publishers, artists and designers from fashion’s origins including Europe and Japan in order to find and select the most promising designers of the season. Given proper consideration to subtle details, each collection is tailored to best fit Asian figures. By offering a cultural initiative to discuss possibilities of life, Magmode redefines fashion boutique through various means including workshops, photos, videos and publications, with absolute dedication to become an incubator and advocate for fashion and culture. Founded in 2015 by Cai Chongda, the company is headquartered in Minhang, Shanghai, China.
YCloset
Series B in 2017
YCloset was an online platform based in Beijing that offered a clothing rental and shopping service specifically for women. Founded in 2015, the platform allowed users to enroll for a monthly fee, enabling them to rent clothes and accessories without additional charges for individual items. YCloset operated in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen. The company partnered with over a hundred fashion brands to provide a diverse selection of rental options, helping women stay current with fashion trends without the need to purchase new clothing. However, YCloset announced its closure, ceasing operations by August 15, 2021.
Hunlimao
Series A in 2017
Hunlimao is a comprehensive wedding planning platform that operates using an online-to-offline business model. The company offers a range of services, including wedding banquet booking, wedding planning, and photography services, allowing customers to access professional assistance for their wedding needs. In addition to these core offerings, Hunlimao provides complimentary features such as WeChat photo albums, fashion and beauty advice, and personalized wedding planning options. This approach enables couples to streamline their wedding preparations while accessing a variety of essential services in one place.
MagMode
Series A in 2016
MagMode is a men's fashion brand incubator. The company has opened three stores in Beijing, and plans to open more in other major cities in China. It also operates a mobile app featuring the latest international fashion trends and concepts. Initiated by editor-in-chief of the world’s top fashion magazine, fashion director, writer and artist, Magmode collaborates each season with fashion publishers, artists and designers from fashion’s origins including Europe and Japan in order to find and select the most promising designers of the season. Given proper consideration to subtle details, each collection is tailored to best fit Asian figures. By offering a cultural initiative to discuss possibilities of life, Magmode redefines fashion boutique through various means including workshops, photos, videos and publications, with absolute dedication to become an incubator and advocate for fashion and culture. Founded in 2015 by Cai Chongda, the company is headquartered in Minhang, Shanghai, China.
MagMode
Seed Round in 2016
MagMode is a men's fashion brand incubator. The company has opened three stores in Beijing, and plans to open more in other major cities in China. It also operates a mobile app featuring the latest international fashion trends and concepts. Initiated by editor-in-chief of the world’s top fashion magazine, fashion director, writer and artist, Magmode collaborates each season with fashion publishers, artists and designers from fashion’s origins including Europe and Japan in order to find and select the most promising designers of the season. Given proper consideration to subtle details, each collection is tailored to best fit Asian figures. By offering a cultural initiative to discuss possibilities of life, Magmode redefines fashion boutique through various means including workshops, photos, videos and publications, with absolute dedication to become an incubator and advocate for fashion and culture. Founded in 2015 by Cai Chongda, the company is headquartered in Minhang, Shanghai, China.
WonderFull (Wandou Gongzhu)
Series A in 2016
WonderFull (Wandou Gongzhu) provides the most accurate and professional Japanese products and services.
Farfetch
Series F in 2016
Farfetch is an online platform established in 2008 that connects buyers and sellers in the luxury fashion sector. It collaborates with over 1,000 independent boutiques and luxury brands, offering a diverse range of products, including clothing, accessories, and footwear. The company operates a comprehensive e-commerce website that enables these retailers to showcase their inventories to nearly a million active customers. Farfetch's technology infrastructure is designed to facilitate the luxury fashion ecosystem, featuring an API-enabled proprietary technology stack that supports applications, services, and data management. The platform also includes the Browns stores and the New Guard Group, enhancing its retail capabilities. Farfetch generates revenue by charging a commission on sales made through its marketplace, typically exceeding 30%.
YCloset
Series A in 2016
YCloset was an online platform based in Beijing that offered a clothing rental and shopping service specifically for women. Founded in 2015, the platform allowed users to enroll for a monthly fee, enabling them to rent clothes and accessories without additional charges for individual items. YCloset operated in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen. The company partnered with over a hundred fashion brands to provide a diverse selection of rental options, helping women stay current with fashion trends without the need to purchase new clothing. However, YCloset announced its closure, ceasing operations by August 15, 2021.
XY Mens
Series A in 2016
XY Mens is a domestic e-commerce company specializing in men's fashion and lifestyle. The platform offers a diverse range of products, including men's clothing, skin care, furniture, sports gear, and technology. In addition to its retail offerings, XY Mens publishes original content related to men's fashion and lifestyle, enhancing the customer experience and helping men improve their quality of life. The company boasts advanced capabilities in graphic and video production, allowing for effective content distribution across various channels. With a strong focus on international perspectives and cross-border logistics, XY Mens also manages supply chains for commodity products and high-value male-oriented projects, fostering high repurchase rates among its clientele.
Inagora
Series A in 2016
Inagora Inc. is a Japanese company that specializes in cross-border e-commerce, primarily connecting Japanese businesses with overseas customers, particularly in China. Founded in 2014 and based in Minato, Japan, Inagora operates the mobile application Wando, which facilitates cross-border transactions by offering services such as content creation, marketing, logistics, and settlement without currency risk. The platform, known as Wandou, caters to approximately 3 million users and features around 40,000 products, focusing on categories like cosmetics, clothing, and food from various Japanese brands. Through its innovative approach, Inagora aims to enhance the accessibility of Japanese goods to international markets.
Yiqihuo
Series A in 2016
Yiqihuo is an online women's clothing shop.
Hunlimao
Series A in 2015
Hunlimao is a comprehensive wedding planning platform that operates using an online-to-offline business model. The company offers a range of services, including wedding banquet booking, wedding planning, and photography services, allowing customers to access professional assistance for their wedding needs. In addition to these core offerings, Hunlimao provides complimentary features such as WeChat photo albums, fashion and beauty advice, and personalized wedding planning options. This approach enables couples to streamline their wedding preparations while accessing a variety of essential services in one place.
T She Dingzhi
Angel Round in 2015
T She Dingzhi offers a platform for clothes design. Their business enables additional, fully-customizable t-shirts, hoodies, and sweaters to its clients. Through responsible, managed services, subscription cultural apparel, and other means, they are dedicated to assisting businesses in improving their services. It adapts and pursues accuracy and exquisite, repeatedly setting the bar for the sector.
D2CMALL.COM
Series B in 2015
D2CMALL.COM is an e-commerce platform for fashion and beauty products. It combines trendy fashion, cutting-edge art, and personalized design, and it collects the most plentiful, novel, and high-quality women's clothing. Menswear, shoes, bags, and fashion accessories are all available. The official website offers private customized brands in addition to the limited pre-sale of designer products. The D2C designer integration store is now open throughout the country.
PatPat
Series A in 2015
PatPat is an online shopping platform tailored for mothers, providing significant discounts on a variety of products for babies, infants, toddlers, children, and maternity needs. The app features daily deals that can reach discounts of 50-90%, with some items available for free. By maintaining strong relationships with manufacturers, PatPat ensures competitive pricing and a diverse selection of products. The platform makes it easier for mothers to shop efficiently and economically, with new promotional events launching every day at 6am PST.
IWODE Trendy Tailor
Series B in 2015
IWODE Trendy Tailor is a manufacturer that offers tailoring services. They offer high-quality, exquisite-tasting personalized apparel at a reasonable price. There are no hidden fees for extra services such as embroidery of names or other extra labor that IWODE may supply. They also provide free ironing, adjustments, and delivery with no minimum purchase requirement.
KOMANIC
Series A in 2015
KOMANIC is a women's fashion brand that offers luxury shoes.
700Bike
Series A in 2015
700Bike Inc. is an online platform based in Beijing, China, dedicated to promoting cycling culture and lifestyle. Founded in 2012, the company aims to blend fashion and trend with cycling, encouraging a modern approach to exercise and transportation. It serves as a community hub for cycling enthusiasts, fostering a deeper appreciation of bicycle culture through various events and media initiatives. Over its early years, 700Bike established itself as a pioneer in the cycling media sector, hosting influential events that attracted nearly 10,000 participants. In addition to its cultural initiatives, 700Bike also designs and manufactures a range of innovative bicycles that cater to the growing consumer demand for stylish and practical cycling options.
BeiBei
Series C in 2015
BeiBei Group, founded in 2011 and based in Hangzhou, China, operates a comprehensive e-commerce platform that specializes in women and children's apparel, accessories, household goods, diapers, and toys. The company is dedicated to providing a wide variety of products at competitive prices, catering to the needs of families. With a focus on convenience, BeiBei offers free delivery services, allowing customers to receive their purchases at specified times and locations. The founding team comprises former members of Alibaba, and the company has attracted significant venture capital investment from various notable firms. BeiBei aims to establish itself as a leading technology retail platform in the global market.
SHEIN
Series B in 2015
SHEIN is an online marketplace that specializes in women's apparel, offering a wide range of fashion items including clothing, shoes, jewelry, and accessories. Founded in 2008 and headquartered in Jiangsu, China, SHEIN operates as an international B2C fast fashion e-commerce platform, serving customers in over 220 countries and regions. The company utilizes on-demand manufacturing technologies to link suppliers with an agile supply chain, effectively reducing inventory waste and allowing for the delivery of a diverse array of affordable products. By focusing on accessibility and affordability, SHEIN aims to make fashion accessible to a global audience.
Yetang
Series A in 2014
Yetang is a Chinese e-commerce platform that caters to young consumers seeking to discover and shop for independent designers. Established in 2014, Yetang offers a wide selection of fashion and lifestyle products, featuring items from approximately 800 designers across 34 countries. By focusing on indie apparel and accessories, Yetang enables customers to engage with smaller brands and access unique products that are not typically available through mainstream retail channels.
PatPat
Series A in 2014
PatPat is an online shopping platform tailored for mothers, providing significant discounts on a variety of products for babies, infants, toddlers, children, and maternity needs. The app features daily deals that can reach discounts of 50-90%, with some items available for free. By maintaining strong relationships with manufacturers, PatPat ensures competitive pricing and a diverse selection of products. The platform makes it easier for mothers to shop efficiently and economically, with new promotional events launching every day at 6am PST.
Peach
Seed Round in 2014
Peach is a fashion and luxury company that holds 9-minute private auctions for quality goods and designer brands. The company was founded by Jeff Zhang in October 2014 and is based in Berkeley, California.
BeiBei
Series B in 2014
BeiBei Group, founded in 2011 and based in Hangzhou, China, operates a comprehensive e-commerce platform that specializes in women and children's apparel, accessories, household goods, diapers, and toys. The company is dedicated to providing a wide variety of products at competitive prices, catering to the needs of families. With a focus on convenience, BeiBei offers free delivery services, allowing customers to receive their purchases at specified times and locations. The founding team comprises former members of Alibaba, and the company has attracted significant venture capital investment from various notable firms. BeiBei aims to establish itself as a leading technology retail platform in the global market.
Secoo
Series D in 2014
Secoo is a Chinese luxury products and services platform that facilitates global trade between buyers and suppliers. It operates both offline stores and an online mall, serving customers directly. Secoo's business model includes plans to establish exhibition centers in major cities. As of 2011, the company generated over 100 million RMB in revenue and had a membership base of 500,000, including 20,000 VIPs. Secoo has received significant investments, including a $10 million investment from IDG in late 2010 and a $30 million investment from leading international funds.
Yetang
Angel Round in 2014
Yetang is a Chinese e-commerce platform that caters to young consumers seeking to discover and shop for independent designers. Established in 2014, Yetang offers a wide selection of fashion and lifestyle products, featuring items from approximately 800 designers across 34 countries. By focusing on indie apparel and accessories, Yetang enables customers to engage with smaller brands and access unique products that are not typically available through mainstream retail channels.
Hunlimao
Angel Round in 2014
Hunlimao is a comprehensive wedding planning platform that operates using an online-to-offline business model. The company offers a range of services, including wedding banquet booking, wedding planning, and photography services, allowing customers to access professional assistance for their wedding needs. In addition to these core offerings, Hunlimao provides complimentary features such as WeChat photo albums, fashion and beauty advice, and personalized wedding planning options. This approach enables couples to streamline their wedding preparations while accessing a variety of essential services in one place.
MOGU
Series D in 2014
MOGU is an consumer platform aimed towards women, achieved through e-commerce, social media, influencers and content driven services. Their content covers all areas of the fashion world and they have a huge range of age groups and interest covered through their numerous apps and platform. MOGU Inc. is a destination of fashion. With various kinds of fashion content and abundant fashion products, MOGU Inc. allows people to discover and share fashion trends while fully enjoying high-quality shopping experience. In 2011, MOGU Inc. launched fashion platform under the Mogujie brand . In 2016, the merger of Mogujie and Meilishuo was completed.Currently, MOGU Inc.'s online platform includes Mogujie.com and Meilishuo.com websites, mogujie mobile app, Meilishuo mobile app, Uni mobile app and several WeChat Mini programs.
VANCL
Series G in 2014
VANCL is an online retailer based in Beijing, China, specializing in a wide range of apparel, accessories, footwear, and textiles. Founded in 2007 by Chen Nian, the company offers a diverse selection of products, including shirts, dresses, pants, shoes, and various accessories such as bags, scarves, and sunglasses. By focusing on modern styles at competitive prices, VANCL aims to provide customers with high-quality clothing options. In addition to its online presence, the company operates physical stores, enhancing its accessibility to consumers.
INMAN
Series A in 2014
INMAN is a Chinese online retail brand specializing in cotton and linen apparel for everyday use. Founded in 2008 by chairman Fangjianhua, the company has established itself as a prominent player in the online fashion market. INMAN is known for its design philosophy that emphasizes a "simple and elegant" aesthetic, aligning its products with a natural harmony. As a subsidiary of Guangzhou Hui Mei Cloth Co., Ltd., INMAN focuses on delivering quality clothing through its internet portal, catering to a growing consumer demand for sustainable and comfortable fashion.
Yinman
Venture Round in 2014
Chinese fashion
Yoka
Series C in 2013
Yoka is a Chinese online platform specializing in high-end fashion and lifestyle content, catering primarily to affluent consumers who seek premium brands and a superior quality of life. As a sub-brand of Trends Media Group, Yoka leverages a diverse array of media, including 17 published magazines such as Cosmopolitan and Esquire, to deliver a comprehensive fashion experience. The platform focuses on providing rich fashion information and services related to beauty and makeup, fostering a community where users can exchange ideas and insights on luxury living. Yoka's strategic partnerships with renowned media groups enhance its offerings, ensuring a blend of global trends with local relevance.
Secoo
Series C in 2013
Secoo is a Chinese luxury products and services platform that facilitates global trade between buyers and suppliers. It operates both offline stores and an online mall, serving customers directly. Secoo's business model includes plans to establish exhibition centers in major cities. As of 2011, the company generated over 100 million RMB in revenue and had a membership base of 500,000, including 20,000 VIPs. Secoo has received significant investments, including a $10 million investment from IDG in late 2010 and a $30 million investment from leading international funds.
BeiBei
Series A in 2013
BeiBei Group, founded in 2011 and based in Hangzhou, China, operates a comprehensive e-commerce platform that specializes in women and children's apparel, accessories, household goods, diapers, and toys. The company is dedicated to providing a wide variety of products at competitive prices, catering to the needs of families. With a focus on convenience, BeiBei offers free delivery services, allowing customers to receive their purchases at specified times and locations. The founding team comprises former members of Alibaba, and the company has attracted significant venture capital investment from various notable firms. BeiBei aims to establish itself as a leading technology retail platform in the global market.
MOGU
Series C in 2012
MOGU is an consumer platform aimed towards women, achieved through e-commerce, social media, influencers and content driven services. Their content covers all areas of the fashion world and they have a huge range of age groups and interest covered through their numerous apps and platform. MOGU Inc. is a destination of fashion. With various kinds of fashion content and abundant fashion products, MOGU Inc. allows people to discover and share fashion trends while fully enjoying high-quality shopping experience. In 2011, MOGU Inc. launched fashion platform under the Mogujie brand . In 2016, the merger of Mogujie and Meilishuo was completed.Currently, MOGU Inc.'s online platform includes Mogujie.com and Meilishuo.com websites, mogujie mobile app, Meilishuo mobile app, Uni mobile app and several WeChat Mini programs.
FClub
Series C in 2012
Fclub.cn is a Chinese flash sale website that offers clothing, shoes, jewelry, bags, and accessories at discounted prices. A Chinese fashion brand, Fclub.cn has partnered with many world famous fashion groups, especially in Western countries, to build a supply platform that aims to offer all kinds of discounted products. Fclub.cn was founded by FGROUP LIMITED in 2009 and is now managed by Fclub E-Commerce Company. The company secured US$30 million in series B funding led by IGC, along with IDG Capital, Zero2IPO Capital, and SK Capital.
Secoo
Series B in 2012
Secoo is a Chinese luxury products and services platform that facilitates global trade between buyers and suppliers. It operates both offline stores and an online mall, serving customers directly. Secoo's business model includes plans to establish exhibition centers in major cities. As of 2011, the company generated over 100 million RMB in revenue and had a membership base of 500,000, including 20,000 VIPs. Secoo has received significant investments, including a $10 million investment from IDG in late 2010 and a $30 million investment from leading international funds.
FClub
Series B in 2012
Fclub.cn is a Chinese flash sale website that offers clothing, shoes, jewelry, bags, and accessories at discounted prices. A Chinese fashion brand, Fclub.cn has partnered with many world famous fashion groups, especially in Western countries, to build a supply platform that aims to offer all kinds of discounted products. Fclub.cn was founded by FGROUP LIMITED in 2009 and is now managed by Fclub E-Commerce Company. The company secured US$30 million in series B funding led by IGC, along with IDG Capital, Zero2IPO Capital, and SK Capital.
Ihaveu.com
Series B in 2012
Ihaveu.com Inc. is an online retail platform based in Tianjin, China, specializing in clothing and accessories. Founded in 2010, the company provides a luxury shopping experience, combining e-commerce with social networking features. Through its website, Ihaveu.com offers consumers a curated selection of high-end fashion items, catering to a discerning clientele seeking quality and style.
Leho
Venture Round in 2011
Leho Online (Beijing) Network Technology Co., Ltd. operates an online fashion platform based in Beijing, China, focusing on e-commerce for designer goods. The company targets customers seeking personalized shopping experiences and aims to be the first membership-based e-commerce site in the country, offering deeper discounts than its competitors. Leho.com serves as a one-stop social platform that connects local businesses with consumers, allowing merchants to create brand pages to share information, offer special deals, and engage with customers. The platform encourages users to share their offline shopping experiences through comments and images, facilitating interactions among users based on shared interests or locations. Leho has received significant investment from IDG and Qiming Venture Partners, highlighting its potential in the competitive e-commerce landscape.
HSTYLE
Series A in 2011
HanDuYiShe (HSTYLE) is a prominent Chinese brand focused on Korean fast fashion styles, established in 2008. In 2010, HSTYLE launched the Tao Brand and garnered several accolades, including recognition as one of the "Top 10 Online Brands" in China and awarded as "The Best Globalization E-commerce Corporation." By 2012, the brand achieved the highest sales rankings on major e-commerce platforms Tmall.com and JD.com. As of October 2011, HSTYLE operated 23 departments and employed over 1,100 staff members. The company has expanded its portfolio to include six sub-brands: HSTYLE, AMH, MiniZaru, Soneed, niBBuns, and SOULINE. In 2011, HSTYLE secured a significant investment of $10 million from IDG, further solidifying its position in the fast fashion market.
VANCL
Series F in 2011
VANCL is an online retailer based in Beijing, China, specializing in a wide range of apparel, accessories, footwear, and textiles. Founded in 2007 by Chen Nian, the company offers a diverse selection of products, including shirts, dresses, pants, shoes, and various accessories such as bags, scarves, and sunglasses. By focusing on modern styles at competitive prices, VANCL aims to provide customers with high-quality clothing options. In addition to its online presence, the company operates physical stores, enhancing its accessibility to consumers.
Moncler
Private Equity Round in 2011
Moncler, established in 1952 in Monestier-de-Clermont, France, is a prominent luxury outerwear brand headquartered in Italy. Under the leadership of Chairman and CEO Remo Ruffini since 2003, Moncler has integrated advanced technological research with expert mountaineering knowledge to create collections that blend extreme functionality with urban style. The brand operates a global network, generating approximately 84% of its sales through direct-to-consumer channels, primarily via its own retail stores. In 2023, Moncler recorded significant revenue from its core outerwear segment, which accounts for 75%-80% of total sales, while also offering accessories, knitwear, and footwear. The company has a substantial international presence, with 35% of sales from Europe, the Middle East, and Africa, 15% from the Americas, and 50% from Asia and other regions. Additionally, Moncler expanded its portfolio by acquiring Stone Island in 2021, which contributed 14% of revenue in 2023.
EVISU
Corporate Round in 2011
EVISU is a designer and manufacturer of designer apparel. It operates as an internationally acclaimed lifestyle brand that started gaining the attention of the fashion world with Japanese selvage contemporary apparel and has a product portfolio that includes full collections of men's and women's wear,
My 1%
Series A in 2011
My 1% is a 4-gold store for women's wear. It has also launched global outdoor photography services for real-person models. My 1%’s sales and credit rank first in the category of women's dress and follows the planning guideline of Baida all over the world. It has covered more than 20 countries and areas since it started the first global outdoor scene in Bali Island in June 2008. The sales amount of My 1% has been increasing exponentially since the online shop gained crown credit in 2008. The shop obtained the first gold crown in 2009, the second gold crown in 2010, and then the third gold crown within 8 months by December 2010. The shop has gained about 2 million good appraisals and became the first clothing online store with three gold crowns on the Taobao platform.
Yoka
Series B in 2011
Yoka is a Chinese online platform specializing in high-end fashion and lifestyle content, catering primarily to affluent consumers who seek premium brands and a superior quality of life. As a sub-brand of Trends Media Group, Yoka leverages a diverse array of media, including 17 published magazines such as Cosmopolitan and Esquire, to deliver a comprehensive fashion experience. The platform focuses on providing rich fashion information and services related to beauty and makeup, fostering a community where users can exchange ideas and insights on luxury living. Yoka's strategic partnerships with renowned media groups enhance its offerings, ensuring a blend of global trends with local relevance.
Secoo
Series A in 2011
Secoo is a Chinese luxury products and services platform that facilitates global trade between buyers and suppliers. It operates both offline stores and an online mall, serving customers directly. Secoo's business model includes plans to establish exhibition centers in major cities. As of 2011, the company generated over 100 million RMB in revenue and had a membership base of 500,000, including 20,000 VIPs. Secoo has received significant investments, including a $10 million investment from IDG in late 2010 and a $30 million investment from leading international funds.
IWODE Trendy Tailor
Series A in 2011
IWODE Trendy Tailor is a manufacturer that offers tailoring services. They offer high-quality, exquisite-tasting personalized apparel at a reasonable price. There are no hidden fees for extra services such as embroidery of names or other extra labor that IWODE may supply. They also provide free ironing, adjustments, and delivery with no minimum purchase requirement.
TopScore Fashion
Series A in 2011
TopScore Fashion provides consumers with fashionable, comfortable, and healthy footwear products and services. They integrate many mainstream e-commerce platforms and independently develop their own mobile e-commerce platform to provide customers with a convenient, undifferentiated, and pleasant shopping experience.
Ihaveu.com
Venture Round in 2010
Ihaveu.com Inc. is an online retail platform based in Tianjin, China, specializing in clothing and accessories. Founded in 2010, the company provides a luxury shopping experience, combining e-commerce with social networking features. Through its website, Ihaveu.com offers consumers a curated selection of high-end fashion items, catering to a discerning clientele seeking quality and style.
China Outfitters Holdings
Venture Round in 2010
China Outfitters Holdings Limited is a rapidly expanding company specializing in the design, production, marketing, and sales of apparel in China, with a primary focus on menswear. The company offers a diverse range of products, including smart casual wear, outdoor leisure wear, and various accessories, catering to middle- and high-income consumers. It operates under several internationally recognized brands, including licensed offerings from Santa Barbara Polo & Racquet Club. Through its comprehensive portfolio, China Outfitters Holdings aims to meet the evolving fashion needs of its target market while maintaining a commitment to quality and style.
VANCL
Series E in 2010
VANCL is an online retailer based in Beijing, China, specializing in a wide range of apparel, accessories, footwear, and textiles. Founded in 2007 by Chen Nian, the company offers a diverse selection of products, including shirts, dresses, pants, shoes, and various accessories such as bags, scarves, and sunglasses. By focusing on modern styles at competitive prices, VANCL aims to provide customers with high-quality clothing options. In addition to its online presence, the company operates physical stores, enhancing its accessibility to consumers.
Yoka
Series B in 2009
Yoka is a Chinese online platform specializing in high-end fashion and lifestyle content, catering primarily to affluent consumers who seek premium brands and a superior quality of life. As a sub-brand of Trends Media Group, Yoka leverages a diverse array of media, including 17 published magazines such as Cosmopolitan and Esquire, to deliver a comprehensive fashion experience. The platform focuses on providing rich fashion information and services related to beauty and makeup, fostering a community where users can exchange ideas and insights on luxury living. Yoka's strategic partnerships with renowned media groups enhance its offerings, ensuring a blend of global trends with local relevance.
Bosideng International Holdings
Post in 2009
Bosideng International Holdings Limited is a prominent clothing enterprise based in Central, Hong Kong, specializing in the design, manufacture, and sale of down apparel products. Founded in 1976, the company operates through four main segments: Down Apparels, OEM Management, Ladieswear Apparels, and Diversified Apparels. Bosideng is recognized for its extensive range of branded down jackets, marketed under names such as Bosideng, Snow Flying, and Bengen, catering to various consumer segments in China. The company also offers ladieswear under brands like JESSIE and BUOU BUOU, as well as non-seasonal apparel including menswear, school uniforms, and children’s wear. With approximately 8,344 retail outlets across China, Bosideng consolidates its leading position in the domestic down jacket industry. In addition to its core apparel business, the company provides services such as logistics, brand design, and e-business solutions.
VANCL
Series D in 2008
VANCL is an online retailer based in Beijing, China, specializing in a wide range of apparel, accessories, footwear, and textiles. Founded in 2007 by Chen Nian, the company offers a diverse selection of products, including shirts, dresses, pants, shoes, and various accessories such as bags, scarves, and sunglasses. By focusing on modern styles at competitive prices, VANCL aims to provide customers with high-quality clothing options. In addition to its online presence, the company operates physical stores, enhancing its accessibility to consumers.
VANCL
Series B in 2008
VANCL is an online retailer based in Beijing, China, specializing in a wide range of apparel, accessories, footwear, and textiles. Founded in 2007 by Chen Nian, the company offers a diverse selection of products, including shirts, dresses, pants, shoes, and various accessories such as bags, scarves, and sunglasses. By focusing on modern styles at competitive prices, VANCL aims to provide customers with high-quality clothing options. In addition to its online presence, the company operates physical stores, enhancing its accessibility to consumers.
VANCL
Series A in 2007
VANCL is an online retailer based in Beijing, China, specializing in a wide range of apparel, accessories, footwear, and textiles. Founded in 2007 by Chen Nian, the company offers a diverse selection of products, including shirts, dresses, pants, shoes, and various accessories such as bags, scarves, and sunglasses. By focusing on modern styles at competitive prices, VANCL aims to provide customers with high-quality clothing options. In addition to its online presence, the company operates physical stores, enhancing its accessibility to consumers.
BBspace
Venture Round in 2007
Sankei Shimbun business portal, professional production enterprise e-magazine, up to 10000 for free download on E-Magazine, published online browsing massive corporate business, the first issue of network operators in China! Provides automotive magazines, mobile phone e-magazine, fashion e-magazine, Apparel e-magazines, apparel e-magazines, beauty e-magazines, hairdressing e-magazines, home electronics magazine subscription! e-magazine downloads, online journal downloads, online magazine download.
Yoka
Series A in 2007
Yoka is a Chinese online platform specializing in high-end fashion and lifestyle content, catering primarily to affluent consumers who seek premium brands and a superior quality of life. As a sub-brand of Trends Media Group, Yoka leverages a diverse array of media, including 17 published magazines such as Cosmopolitan and Esquire, to deliver a comprehensive fashion experience. The platform focuses on providing rich fashion information and services related to beauty and makeup, fostering a community where users can exchange ideas and insights on luxury living. Yoka's strategic partnerships with renowned media groups enhance its offerings, ensuring a blend of global trends with local relevance.
Gentle Monster
Series A in 2007
Gentle Monster is a luxury eyewear brand known for its distinctive philosophy of "weird beauty" and commitment to high-end experimentation. The company specializes in designer sunglasses that embody the latest fashion trends, offering a diverse array of eyewear products. These include colored flat-tinted lenses and ultraviolet protection glasses, ensuring that customers not only look stylish but also benefit from effective eye protection. By blending innovative design with quality craftsmanship, Gentle Monster positions itself as a leader in the luxury eyewear market.
QX Corporation
Series A in 2007
QX Corporation is a brand promotion platform that develops an ERP information management system. Founded in 2006, QX Corporation is headquartered in Shanghai, China. It offers a sales terminal that enables users to find out in what condition their designs are in, and then to solve turnover rates and forecast future fashion cycle. QX also integrates social resources, optimizing supply chain and carrying out virtual operations. The products are completed by the upstream supply chain, and then sold by agencies across the country.
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