IDG Capital

e-commerce fashion platform

Bizongo is a technology-driven B2B e-commerce and supply chain platform that specializes in packaging, textiles, apparel, and other custom-made products. Founded in 2015 by IIT graduates Aniket Deb, Sachin Agrawal, and Ankit Tomar, the company aims to transform the fragmented and disorganized market of customized goods. With a network of over 1,500 curated manufacturers, Bizongo offers services such as digital vendor management, supply chain automation, and financing solutions. These services help businesses overcome challenges related to inventory management, reduce operational costs, and streamline contract management, thus enhancing efficiency in the production of made-to-order products.

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.

Founded in 2017, Webuy/Jingling Group is a social e-commerce company which owns brands including Shaking Baby (甩甩宝宝), Haoyiku (好衣库) and 芝麻云仓. Webuy Group is a community-based e-commerce platform. It enables merchants to share links to sale items in the app to WeChat, China's most popular social media app, where shoppers can directly make their purchases.

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.

Founded in 2017, Webuy/Jingling Group is a social e-commerce company which owns brands including Shaking Baby (甩甩宝宝), Haoyiku (好衣库) and 芝麻云仓. Webuy Group is a community-based e-commerce platform. It enables merchants to share links to sale items in the app to WeChat, China's most popular social media app, where shoppers can directly make their purchases.

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 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.

Founded in 2017, Webuy/Jingling Group is a social e-commerce company which owns brands including Shaking Baby (甩甩宝宝), Haoyiku (好衣库) and 芝麻云仓. Webuy Group is a community-based e-commerce platform. It enables merchants to share links to sale items in the app to WeChat, China's most popular social media app, where shoppers can directly make their purchases.

Founded in 2017, Webuy/Jingling Group is a social e-commerce company which owns brands including Shaking Baby (甩甩宝宝), Haoyiku (好衣库) and 芝麻云仓. Webuy Group is a community-based e-commerce platform. It enables merchants to share links to sale items in the app to WeChat, China's most popular social media app, where shoppers can directly make their purchases.

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.

Ezbuy Holdings Limited, founded in 2010 and based in Singapore, operates a leading online marketplace specializing in a diverse range of products, including apparel, home furnishings, electronics, and beauty items. As a prominent player in cross-border e-commerce in Southeast Asia, ezbuy connects consumers to various brands and sellers from countries such as China, the USA, Korea, and Taiwan, while also facilitating access to popular online sites like Taobao and Amazon. The platform emphasizes service excellence and convenience, offering features like a subscription service for affordable shipping, product reviews for informed purchasing, and same-day delivery options. Additionally, ezbuy collaborates with local retail shops to enhance parcel collection services. Currently, it operates in Singapore, Malaysia, Thailand, and Indonesia, striving to provide an efficient and cost-effective online shopping experience for its customers.

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.

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 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.

Bizongo is a technology-driven B2B e-commerce and supply chain platform that specializes in packaging, textiles, apparel, and other custom-made products. Founded in 2015 by IIT graduates Aniket Deb, Sachin Agrawal, and Ankit Tomar, the company aims to transform the fragmented and disorganized market of customized goods. With a network of over 1,500 curated manufacturers, Bizongo offers services such as digital vendor management, supply chain automation, and financing solutions. These services help businesses overcome challenges related to inventory management, reduce operational costs, and streamline contract management, thus enhancing efficiency in the production of made-to-order products.

Farfetch is an online platform established in 2008 that connects buyers and sellers of personal luxury goods. It unites various independent fashion boutiques and offers a diverse range of products, including bags, dresses, shoes, and accessories. The company partners with over 1,000 luxury goods sellers to provide their inventory to nearly one million active customers, charging a commission for each sale. Farfetch operates a modular technology platform designed to enhance the luxury fashion ecosystem, utilizing a proprietary technology stack to support its applications, services, and data. In addition to its digital marketplace, Farfetch also includes Browns stores and the New Guard Group, and it offers solutions that facilitate the e-commerce operations of luxury brands. The company's focus on connecting luxury brands closely with the fashion industry underlines its commitment to the sector.

Ezbuy Holdings Limited, founded in 2010 and based in Singapore, operates a leading online marketplace specializing in a diverse range of products, including apparel, home furnishings, electronics, and beauty items. As a prominent player in cross-border e-commerce in Southeast Asia, ezbuy connects consumers to various brands and sellers from countries such as China, the USA, Korea, and Taiwan, while also facilitating access to popular online sites like Taobao and Amazon. The platform emphasizes service excellence and convenience, offering features like a subscription service for affordable shipping, product reviews for informed purchasing, and same-day delivery options. Additionally, ezbuy collaborates with local retail shops to enhance parcel collection services. Currently, it operates in Singapore, Malaysia, Thailand, and Indonesia, striving to provide an efficient and cost-effective online shopping experience for its customers.

Yiqihuo is an online women's clothing shop.

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 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 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 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 is a women's fashion brand that offers luxury shoes.

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.

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 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.

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.

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.

MOGU is an online fashion and lifestyle platform based in China, primarily targeting women. The company offers a diverse array of fashion content and products through its various platforms, including Mogujie.com, Meilishuo.com, and Mogu.com, as well as mobile applications and WeChat Mini programs. MOGU enables users to discover and share the latest fashion trends while enjoying an enhanced shopping experience. The platform features multimedia content such as live video broadcasts, short-form videos, and photography, catering to a wide range of interests and age groups. In addition to its e-commerce offerings, MOGU provides online marketing, commission services, and technology support to merchants and brands, thereby facilitating a comprehensive ecosystem for both consumers and businesses within the fashion industry.

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.

Chinese fashion

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.

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 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.

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.

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.

HanDuYiShe (HSTYLE) is a Chinese brand specializing in Korean fast fashion styles. In 2010, HSTYLE launched Tao Brand, and received the ""Top 10 China’s Online Brand"" and ""The Best Globalization E-commerce Corporation"" awards. The company also won the ""Top 10 Online Brand"" award from the Chinese Annual Elite List of Textile & Clothing Industry. In 2012, HSTYLE’s sales ranked first in both Tmall.com and JD.com. As of October 2011, HSTYLE owned 23 operating departments and had more than 1,100 employees. The brand has developed six sub-brands including HSTYLE, AMH, MiniZaru, Soneed, niBBuns, and SOULINE. HSTYLE was established in 2008. In 2011, IDG and HSTYLE reached an agreement on a $10 million investment.

Moncler, founded in 1952 in Monestier-de-Clermont, France, is a luxury outerwear brand now based in Italy. Under the leadership of Chairman and CEO Remo Ruffini since 2003, Moncler has integrated style with advanced technological research, focusing on both extreme outdoor needs and urban fashion. The company operates through a combination of direct boutiques and wholesale distribution, with a retail network that includes 172 mono-brand stores, 134 of which are directly operated. The brand generates a significant portion of its sales from direct-to-consumer channels, accounting for 84% of revenue. In 2023, Moncler recorded that 75%-80% of its revenue came from outerwear, while the recently acquired Stone Island contributed 14%. Geographically, Moncler’s sales are distributed with 35% in Europe, the Middle East, and Africa, 15% in the Americas, and 50% in Asia and the rest of the world.

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% 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.

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 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 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 Limited are a fast-growing company engaged in the design, production, marketing and sales of apparel in China, focusing on men's wear. We operate a number of internationally renowned brands and offer a wide range of men's casual wear to middle- and high-income consumers, including gentlemen's casual, outdoor leisure, casual wear and accessories.

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.

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 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.

Gentle Monster is a luxury eyewear brand known for its unique approach to design, emphasizing a concept of "weird beauty" through high-end experimentation. The company specializes in designer sunglasses that reflect current fashion trends while providing practical features such as colored flat-tinted lenses and ultraviolet protection. By merging artistic vision with functionality, Gentle Monster aims to offer customers both trendy and safe eyewear options.