Sequoia leads $48m round for China online baby products retailer
Sequoia Capital China has led a RMB300 million ($48 million) Series C round of funding for PatPat, a China-based e-commerce platform operator that exports maternal and infant products overseas.
Existing investors IDG Capital, FreesFund, and SIG Asia also participated in the round. PatPat was established in 2014 as a business-to-customer (B2C) e-commerce platform, targeting middle-class families...
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