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Fashion B2C Xiu.com Secures USD 100 Mln Second-Round

Tencent Tech, 8/17/11

Shenzhen based fashion e-commerce firm Shenzhen Zouxiu Network Technology (Xiu.com) announced today that it has obtained USD 100 mln in second-round funding.

Funding for this round was led by US-based private equity firm Warburg Pincus, but also included Zouxiu's first-round investor, venture capital firm Kleiner Perkins Caufield & Byers (KPCB) China.

Editor's Note: For more information on this topic, please see "Fashion E-Commerce Site Wins USD 20 Mln in Funding," MD 3/24/11 issue.

Keywords: e-commerce Internet funding B2C KPCB second-round Warburg Pincus Xiu.com online fashion VC

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