Xiaohui Cao

Partner

Cui Guangfu

Partner

Jun Fang

Partner

Mei Gao

Partner

Young Guo

Partner

Simon Ho

CFO

Ning Kang

Managing Director

Jianguang Li

Venture Partner

Meng Lian

Partner

Dongliang Lin

Partner

Yikun Liu

Partner

Michelle Ma

Partner

Patrick McGovern

Founder and Chairman

Kuiguang Niu

Partner

Hugo Shong

Founding Chairman

Chen Tong

Partner

Jeacy Yan

Partner

Xinhua Yu

Partner

Jin Yu Ph.D

Partner

Antony Yung

Partner

Peter Zhang Ph.D

Vice President

Jianbin Zhang

Venture 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.

Bizongo

Series C in 2021
Bizongo is a tech-enabled B2B e-commerce and supply chain platform specializing in customized goods, including packaging, textiles, and apparel. Founded in 2015 by three IIT graduates, the company aims to digitize the fragmented B2B segment of made-to-order products. Bizongo offers a comprehensive suite of services such as digital vendor management, supply chain automation, and supply chain financing. Its platform connects businesses with a network of over 1,500 curated manufacturers, addressing key challenges like inventory management and operational efficiency. Through its innovative approach, Bizongo seeks to streamline the supply chain process, reduce costs, and facilitate easier contract management for its clients.

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 an online platform designed to assist dropshippers and small to medium-sized businesses in optimizing 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. Its platform features a dynamic supplier database for efficient product sourcing, real-time synchronization with clients' stores, and express international shipping at competitive rates. By simplifying the sourcing and fulfillment processes, HyperSKU enables dropshippers to quickly fulfill orders and deliver products to customers reliably and efficiently.

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.

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 AB is a luxury fashion house that specializes in designing and manufacturing ready-to-wear clothing, footwear, and accessories for both men and women. Founded in 1996 by Jonny Johansson, the company is headquartered in Stockholm, Sweden, and has flagship stores in major cities worldwide, including Australia, China, the United States, the United Kingdom, and several European countries. Acne Studios is known for its eclectic use of materials and custom-developed fabrics, offering a diverse range of products that include outerwear, jeans, knitwear, dresses, shoes, and leather goods. The brand emphasizes contemporary tailoring and style, catering to a global clientele through its retail locations and online platforms.

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 specializes in apparel and operates a unique S2b2C model that connects suppliers, businesses, and consumers. By leveraging social networks and the WeChat app, Haoyiku facilitates features such as rapid payment settlement and customer outreach. This approach not only helps partner brands manage inventory effectively but also enables individual merchants to sell products within their own social circles. Through its platform, Haoyiku aims to enhance business performance while maintaining a low return rate on purchases.

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.

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 specializes in apparel and operates a unique S2b2C model that connects suppliers, businesses, and consumers. By leveraging social networks and the WeChat app, Haoyiku facilitates features such as rapid payment settlement and customer outreach. This approach not only helps partner brands manage inventory effectively but also enables individual merchants to sell products within their own social circles. Through its platform, Haoyiku aims to enhance business performance while maintaining a low return rate on purchases.

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.

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.

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 specializes in apparel and operates a unique S2b2C model that connects suppliers, businesses, and consumers. By leveraging social networks and the WeChat app, Haoyiku facilitates features such as rapid payment settlement and customer outreach. This approach not only helps partner brands manage inventory effectively but also enables individual merchants to sell products within their own social circles. Through its platform, Haoyiku aims to enhance business performance while maintaining a low return rate on purchases.

PatPat

Series C in 2018
PatPat is an online shopping platform tailored for mothers, providing significant discounts on a variety of baby, toddler, kids, and maternity products. The platform features daily deals that can reach discounts of 50-90% off, with some items available for free. By maintaining strong relationships with manufacturers, PatPat is able to offer prices that are exceptionally competitive. The shopping experience is designed to be efficient, allowing moms to easily find affordable products for their families without excessive time or financial investment. New promotional events are launched daily at 6am PST, ensuring a fresh selection of deals for shoppers.

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 wedding planning platform that operates using an online-to-offline (O2O) business model. The company offers a comprehensive range of services, including wedding banquet booking, wedding planning, and photography services. In addition to these core offerings, Hunlimao provides various free features to enhance the wedding experience, such as WeChat photo albums and personalized fashion and beauty options. By delivering one-stop professional assistance, Hunlimao aims to streamline the wedding planning process for customers.

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 clothing rental platform based in Beijing, founded in 2015. The company offered a subscription service that allowed users to rent women's clothing and accessories for a monthly fee, with no additional charges for individual items. Operating in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen, YCloset partnered with over a hundred fashion brands to provide a diverse selection of apparel. The platform was accessible via mobile applications, enabling users to keep pace with the latest fashion trends without the need to purchase new garments. However, YCloset announced the closure of its 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 clothing rental platform based in Beijing, founded in 2015. The company offered a subscription service that allowed users to rent women's clothing and accessories for a monthly fee, with no additional charges for individual items. Operating in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen, YCloset partnered with over a hundred fashion brands to provide a diverse selection of apparel. The platform was accessible via mobile applications, enabling users to keep pace with the latest fashion trends without the need to purchase new garments. However, YCloset announced the closure of its operations by August 15, 2021.

Hunlimao

Series A in 2017
Hunlimao is a wedding planning platform that operates using an online-to-offline (O2O) business model. The company offers a comprehensive range of services, including wedding banquet booking, wedding planning, and photography services. In addition to these core offerings, Hunlimao provides various free features to enhance the wedding experience, such as WeChat photo albums and personalized fashion and beauty options. By delivering one-stop professional assistance, Hunlimao aims to streamline the wedding planning process for customers.

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.

Bizongo

Series A in 2016
Bizongo is a tech-enabled B2B e-commerce and supply chain platform specializing in customized goods, including packaging, textiles, and apparel. Founded in 2015 by three IIT graduates, the company aims to digitize the fragmented B2B segment of made-to-order products. Bizongo offers a comprehensive suite of services such as digital vendor management, supply chain automation, and supply chain financing. Its platform connects businesses with a network of over 1,500 curated manufacturers, addressing key challenges like inventory management and operational efficiency. Through its innovative approach, Bizongo seeks to streamline the supply chain process, reduce costs, and facilitate easier contract management for its clients.

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 clothing rental platform based in Beijing, founded in 2015. The company offered a subscription service that allowed users to rent women's clothing and accessories for a monthly fee, with no additional charges for individual items. Operating in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen, YCloset partnered with over a hundred fashion brands to provide a diverse selection of apparel. The platform was accessible via mobile applications, enabling users to keep pace with the latest fashion trends without the need to purchase new garments. However, YCloset announced the closure of its operations by August 15, 2021.

XY Mens

Series A in 2016
XY Mens is a domestic e-commerce company specializing in men's lifestyle and fashion. The company operates a comprehensive platform that features a wide range of categories, including men's clothing, skincare, furniture, sports, and technology. In addition to its product offerings, XY Mens creates and distributes original content, including articles and videos, aimed at enhancing the quality of life for male customers. With robust graphic and video production capabilities, the company utilizes various content distribution channels. It also engages in cross-border logistics and maintains a fully functional TV network, underscoring its international outlook and commitment to empowering men through lifestyle improvements and high-quality products.

Inagora

Series A in 2016
Inagora Inc. is a cross-border e-commerce company based in Minato, Japan, founded in 2014. It develops a platform that facilitates the sale of Japanese products, primarily to a Chinese customer base, through its mobile application Wando. The platform aids Japanese companies in connecting with overseas customers and simplifies cross-border transactions by addressing currency risks and providing logistics support. Inagora's online marketplace, Wandou, features approximately 40,000 products, emphasizing categories such as cosmetics, clothing, and food, and serves around 3 million users. The company is dedicated to enhancing the accessibility of Japanese goods in international markets.

Yiqihuo

Series A in 2016
Yiqihuo is an online women's clothing shop.

Hunlimao

Series A in 2015
Hunlimao is a wedding planning platform that operates using an online-to-offline (O2O) business model. The company offers a comprehensive range of services, including wedding banquet booking, wedding planning, and photography services. In addition to these core offerings, Hunlimao provides various free features to enhance the wedding experience, such as WeChat photo albums and personalized fashion and beauty options. By delivering one-stop professional assistance, Hunlimao aims to streamline the wedding planning process for customers.

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 baby, toddler, kids, and maternity products. The platform features daily deals that can reach discounts of 50-90% off, with some items available for free. By maintaining strong relationships with manufacturers, PatPat is able to offer prices that are exceptionally competitive. The shopping experience is designed to be efficient, allowing moms to easily find affordable products for their families without excessive time or financial investment. New promotional events are launched daily at 6am PST, ensuring a fresh selection of deals for shoppers.

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.

700Bike

Series A in 2015
700Bike Inc. is an online platform based in Beijing, China, dedicated to promoting cycling culture and a lifestyle centered around it. Founded in 2012, the company aims to integrate fashion and trends into the cycling experience, making it more appealing to a wider audience. By leveraging its expertise and resources, 700Bike has established itself as a leader in the cycling media landscape, organizing influential events that attract thousands of participants and deepen the community's appreciation for cycling. Additionally, 700Bike offers a range of innovative bicycles designed to serve as stylish and practical alternatives to traditional transportation methods, catering to the evolving demands of consumers.

KOMANIC

Series A in 2015
KOMANIC is a women's fashion brand that offers luxury shoes.

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 specializes in connecting young consumers with independent designers. Founded to cater to the growing demand for unique fashion and lifestyle products, Yetang offers a diverse selection of apparel and accessories from smaller brands and designers globally. In 2014, the platform featured 110,000 products from 800 designers across 34 countries, showcasing its commitment to promoting indie talent. By providing a space for these creators, Yetang enables customers to discover and engage with innovative designs, enhancing the shopping experience with a focus on individuality and creativity.

PatPat

Series A in 2014
PatPat is an online shopping platform tailored for mothers, providing significant discounts on a variety of baby, toddler, kids, and maternity products. The platform features daily deals that can reach discounts of 50-90% off, with some items available for free. By maintaining strong relationships with manufacturers, PatPat is able to offer prices that are exceptionally competitive. The shopping experience is designed to be efficient, allowing moms to easily find affordable products for their families without excessive time or financial investment. New promotional events are launched daily at 6am PST, ensuring a fresh selection of deals for shoppers.

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 luxury products and services platform based in China, facilitating global trade between buyers and suppliers through both online and offline channels. The company operates an online retail platform and experience centers in key cities such as Beijing, Shanghai, Chengdu, and others, as well as in Malaysia. Secoo collaborates with renowned brand boutiques, allowing customers to pick up products ordered online at physical locations. The majority of its revenue is derived from its online business, with a significant focus on the Chinese market. Established in 2011, Secoo has built a substantial membership base of 500,000, including over 20,000 VIP members. The company aims to enhance its presence by establishing exhibition centers in major cities, further solidifying its position in the luxury retail sector.

Yetang

Angel Round in 2014
Yetang is a Chinese e-commerce platform that specializes in connecting young consumers with independent designers. Founded to cater to the growing demand for unique fashion and lifestyle products, Yetang offers a diverse selection of apparel and accessories from smaller brands and designers globally. In 2014, the platform featured 110,000 products from 800 designers across 34 countries, showcasing its commitment to promoting indie talent. By providing a space for these creators, Yetang enables customers to discover and engage with innovative designs, enhancing the shopping experience with a focus on individuality and creativity.

Hunlimao

Angel Round in 2014
Hunlimao is a wedding planning platform that operates using an online-to-offline (O2O) business model. The company offers a comprehensive range of services, including wedding banquet booking, wedding planning, and photography services. In addition to these core offerings, Hunlimao provides various free features to enhance the wedding experience, such as WeChat photo albums and personalized fashion and beauty options. By delivering one-stop professional assistance, Hunlimao aims to streamline the wedding planning process for customers.

MOGU

Series D in 2014
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

Series G in 2014
VANCL is a Chinese retail company founded in 2007 by Chen Nian, headquartered in Beijing. It specializes in online sales of modern apparel, accessories, footwear, luggage, and textiles at competitive prices. The company offers a diverse range of products, including men's shirts, women's and children's clothing, T-shirts, trousers, dresses, shoes, and various accessories such as bags, belts, and sunglasses. In addition to its online platform, VANCL also operates physical stores, providing customers with multiple shopping options. The company's focus on quality and affordability has positioned it as a prominent player in the Chinese retail market.

Yinman

Venture Round in 2014
Chinese fashion

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.

Yoka

Series C in 2013
YOKA.com is a Chinese fashion website that caters to high-income earners seeking premium brands and an elevated quality of life. It operates as a comprehensive sub-brand under Trends Media Group, which publishes 17 magazines including Cosmopolitan, Esquire, Harper's Bazaar, and custom-made titles like Audi and Toyota. The company adheres to the principle "Think Global, Act Local," collaborating with renowned media groups through copyright agreements and joint ventures. YOKA.com provides a diverse range of fashion information, focusing on beauty, makeup, and other fashion-related products and services.

Secoo

Series C in 2013
Secoo is a luxury products and services platform based in China, facilitating global trade between buyers and suppliers through both online and offline channels. The company operates an online retail platform and experience centers in key cities such as Beijing, Shanghai, Chengdu, and others, as well as in Malaysia. Secoo collaborates with renowned brand boutiques, allowing customers to pick up products ordered online at physical locations. The majority of its revenue is derived from its online business, with a significant focus on the Chinese market. Established in 2011, Secoo has built a substantial membership base of 500,000, including over 20,000 VIP members. The company aims to enhance its presence by establishing exhibition centers in major cities, further solidifying its position in the luxury retail sector.

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 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.

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 luxury products and services platform based in China, facilitating global trade between buyers and suppliers through both online and offline channels. The company operates an online retail platform and experience centers in key cities such as Beijing, Shanghai, Chengdu, and others, as well as in Malaysia. Secoo collaborates with renowned brand boutiques, allowing customers to pick up products ordered online at physical locations. The majority of its revenue is derived from its online business, with a significant focus on the Chinese market. Established in 2011, Secoo has built a substantial membership base of 500,000, including over 20,000 VIP members. The company aims to enhance its presence by establishing exhibition centers in major cities, further solidifying its position in the luxury retail sector.

Ihaveu.com

Series B in 2012
Ihaveu.com Inc. is an online retailer based in Tianjin, China, specializing in clothing and accessories. Established in 2010, the company operates as a luxury shopping platform, merging e-commerce with social networking features. Its focus is on providing a diverse range of high-end fashion products, catering to a clientele that seeks quality and luxury in their online shopping experiences. Through its innovative approach, Ihaveu.com aims to enhance consumer engagement while facilitating premium retail opportunities in the digital marketplace.

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.

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 a Chinese retail company founded in 2007 by Chen Nian, headquartered in Beijing. It specializes in online sales of modern apparel, accessories, footwear, luggage, and textiles at competitive prices. The company offers a diverse range of products, including men's shirts, women's and children's clothing, T-shirts, trousers, dresses, shoes, and various accessories such as bags, belts, and sunglasses. In addition to its online platform, VANCL also operates physical stores, providing customers with multiple shopping options. The company's focus on quality and affordability has positioned it as a prominent player in the Chinese retail market.

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.

Secoo

Series A in 2011
Secoo is a luxury products and services platform based in China, facilitating global trade between buyers and suppliers through both online and offline channels. The company operates an online retail platform and experience centers in key cities such as Beijing, Shanghai, Chengdu, and others, as well as in Malaysia. Secoo collaborates with renowned brand boutiques, allowing customers to pick up products ordered online at physical locations. The majority of its revenue is derived from its online business, with a significant focus on the Chinese market. Established in 2011, Secoo has built a substantial membership base of 500,000, including over 20,000 VIP members. The company aims to enhance its presence by establishing exhibition centers in major cities, further solidifying its position in the luxury retail sector.

Yoka

Series B in 2011
YOKA.com is a Chinese fashion website that caters to high-income earners seeking premium brands and an elevated quality of life. It operates as a comprehensive sub-brand under Trends Media Group, which publishes 17 magazines including Cosmopolitan, Esquire, Harper's Bazaar, and custom-made titles like Audi and Toyota. The company adheres to the principle "Think Global, Act Local," collaborating with renowned media groups through copyright agreements and joint ventures. YOKA.com provides a diverse range of fashion information, focusing on beauty, makeup, and other fashion-related products and services.

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 Co., Ltd. specializes in women's footwear, primarily in China. Founded in 2004 and based in Guangzhou, the company offers a range of products made from leather, fur, and feathers under various brands, including KISSCAT, Kiss Kitty, ZSAZSAZSU, Tigrisso, and Patricia. TopScore markets its products through approximately 2,000 physical outlets as well as e-commerce channels, ensuring a broad reach to consumers.

Ihaveu.com

Venture Round in 2010
Ihaveu.com Inc. is an online retailer based in Tianjin, China, specializing in clothing and accessories. Established in 2010, the company operates as a luxury shopping platform, merging e-commerce with social networking features. Its focus is on providing a diverse range of high-end fashion products, catering to a clientele that seeks quality and luxury in their online shopping experiences. Through its innovative approach, Ihaveu.com aims to enhance consumer engagement while facilitating premium retail opportunities in the digital marketplace.

VANCL

Series E in 2010
VANCL is a Chinese retail company founded in 2007 by Chen Nian, headquartered in Beijing. It specializes in online sales of modern apparel, accessories, footwear, luggage, and textiles at competitive prices. The company offers a diverse range of products, including men's shirts, women's and children's clothing, T-shirts, trousers, dresses, shoes, and various accessories such as bags, belts, and sunglasses. In addition to its online platform, VANCL also operates physical stores, providing customers with multiple shopping options. The company's focus on quality and affordability has positioned it as a prominent player in the Chinese retail market.

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.

Yoka

Series B in 2009
YOKA.com is a Chinese fashion website that caters to high-income earners seeking premium brands and an elevated quality of life. It operates as a comprehensive sub-brand under Trends Media Group, which publishes 17 magazines including Cosmopolitan, Esquire, Harper's Bazaar, and custom-made titles like Audi and Toyota. The company adheres to the principle "Think Global, Act Local," collaborating with renowned media groups through copyright agreements and joint ventures. YOKA.com provides a diverse range of fashion information, focusing on beauty, makeup, and other fashion-related products and services.

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 a Chinese retail company founded in 2007 by Chen Nian, headquartered in Beijing. It specializes in online sales of modern apparel, accessories, footwear, luggage, and textiles at competitive prices. The company offers a diverse range of products, including men's shirts, women's and children's clothing, T-shirts, trousers, dresses, shoes, and various accessories such as bags, belts, and sunglasses. In addition to its online platform, VANCL also operates physical stores, providing customers with multiple shopping options. The company's focus on quality and affordability has positioned it as a prominent player in the Chinese retail market.

VANCL

Series B in 2008
VANCL is a Chinese retail company founded in 2007 by Chen Nian, headquartered in Beijing. It specializes in online sales of modern apparel, accessories, footwear, luggage, and textiles at competitive prices. The company offers a diverse range of products, including men's shirts, women's and children's clothing, T-shirts, trousers, dresses, shoes, and various accessories such as bags, belts, and sunglasses. In addition to its online platform, VANCL also operates physical stores, providing customers with multiple shopping options. The company's focus on quality and affordability has positioned it as a prominent player in the Chinese retail market.

VANCL

Series A in 2007
VANCL is a Chinese retail company founded in 2007 by Chen Nian, headquartered in Beijing. It specializes in online sales of modern apparel, accessories, footwear, luggage, and textiles at competitive prices. The company offers a diverse range of products, including men's shirts, women's and children's clothing, T-shirts, trousers, dresses, shoes, and various accessories such as bags, belts, and sunglasses. In addition to its online platform, VANCL also operates physical stores, providing customers with multiple shopping options. The company's focus on quality and affordability has positioned it as a prominent player in the Chinese retail market.

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.com is a Chinese fashion website that caters to high-income earners seeking premium brands and an elevated quality of life. It operates as a comprehensive sub-brand under Trends Media Group, which publishes 17 magazines including Cosmopolitan, Esquire, Harper's Bazaar, and custom-made titles like Audi and Toyota. The company adheres to the principle "Think Global, Act Local," collaborating with renowned media groups through copyright agreements and joint ventures. YOKA.com provides a diverse range of fashion information, focusing on beauty, makeup, and other fashion-related products and services.

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.

EachNet

Series B in 1999
EachNet is a Chinese e-commerce platform that facilitates online buying and selling of a diverse array of goods, including clothing, toys, art supplies, antiquities, and electronics. Founded in 1999 and based in Shanghai, EachNet initially operated independently before forming a strategic partnership with eBay in 2002, which led to eBay acquiring full ownership by 2003. The platform supports both auction and fixed-price formats, allowing users to engage in transactions for everyday items as well as more unique products. EachNet serves a broad market, with offerings tailored to consumers in China, the United States, and Canada, thereby creating a comprehensive online marketplace for various consumer needs.
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