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Online Florist Roseonly Completes USD 8-Digit Funding, 5/06/14

Beijing-based Zhide Chuanghui, operator of online B2C florist site Roseonly, has announced the completion of a USD 8-digit round of new funding from IDG and ACCEL. The company has previously received investment from Trends Media and Tencent (0700.HK).

At present, Roseonly operates an online site, offline stores, an official store on Alibaba Group's B2C e-commerce site TMall, and a store on Tencent's WeChat mobile messaging app. While currently offering flower delivery services only in Beijing and Shanghai, the company will enter Chengdu, Guangzhou, Shenzhen, and Hangzhou in the near future.

Roseonly, which is hosted on the domain name, purchased the domain name in April 2014 from a Korean company that held the registration.

Editor's Note: For more information on this topic, please see "B2C Florist Site Lands USD 8-Digit Funding from Tencent," MD 10/19/13 and "B2C Florist Site 'Roseonly' Lands RMB 7-Digit Series A Funding," MD 3/04/13 issues.

Keywords: ACCEL e-commerce Internet funding B2C IDG Roseonly Zhide Chuanghui

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