Vangoo Capital leads China’s luxury goods site Series C round
Japan’s Vangoo Capital Partners has led a Series C round funding for Secoo.com, a Chinese luxury goods e-commerce platform. The investment sum was undisclosed.Existing investors IDG Capital, French venture capital firm Vantech Capital and Shanghai-based Crehol also participated.
The investment will be used for marketing, upgrading the website and for working capital, according to a statement. China Renaissance acted as the financial advisor in this round. "We strongly appreciate...
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