Club Factory, a China-based e-commerce platform that sells fashion products overseas, has raised $100 million in a Series C round of funding from existing investors IDG Capital Bertelsmann Asia Investment (BAI).
Kunlun Fund, ZhenFund, and Frees Fund also participated. The company will use the proceeds to improve its logistics system and customer services, a statement said. Founded in 2014, Club Factory started...
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Beacon Venture Capital, the VC unit of Thailand’s Kasikornbank, has led a $6.5 million investment in Jitta, a local financial technology provider and stock analysis platform operator.