Flower-patterned Apparel E-commerce Store 'Pom & Co' Wins RMB 8-digit Pre-A

PE Daily, 8/09/17

Bejing-based Shiliuji Culture Communication, operator of flower-patterned apparel and home furnishings e-commerce store Pom & Co, recently announced completion of RMB 8-digit pre-Series A funding from garment designer and seller Ribo Fashion Group (603196.SH).

Pom & Co sells flower-printed clothing items for women through e-commerce platforms such as Alibaba Group's (NYSE: BABA) B2C and B2B e-commerce platforms Tmall and Taobao, overseas travel and shopping SNS platform Xiaohongshu.com, and Tencent's (0700.HK) WeChat mobile messaging app. It currently offers approximately 150-200 different women's clothing and home furnishing products and more than 100 floral patterns. Its monthly repeat-purchasing rate is approximately 18%.

The company previously completed RMB 4 mln in angel funding in 2016 from Matrix Partners China and ZhenFund.

Editor's Note: For more information on this topic, please see "Flower-patterned Apparel E-commerce Store 'Pom & Co' Lands Angel Funding," MD 11/03/16 issue.

Keywords: Shiliuji apparel Internet B2C Pom & Co female Ribo Fashion 603196.SH M&A funding angel funding

Feedback

Sending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily