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Apparel E-Commerce Site ChicR Receives RMB 100 Mln Funding

Tencent Tech, 1/13/11

Zhang Xiaojun, former VP of Chinese B2C clothing website Vancl and CEO of B2C e-commerce apparel site ChicR.com, has revealed that Chicr.com has received RMB 100 mln in VC funding. ChicR began open beta testing on November 1 and officially launched on December 15. The platform's target demographic is professional women aged 25-35.

Zhang joined Vancl in January 2008 and served as VP until June 2010.

Keywords: Zhang Xiaojun Vancl apparel e-commerce Internet funding open beta B2C VC segmentation

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