Consumer Staples, Consumer Discretionary Jul 29, 2020 06:17 PM (GMT+8) · EqualOcean
Zhang Xiaopei, the previous co-founder and CTO of Chehaoduo, has started her new business after leaving the firm. The project is aiming at building a fast fashion brand focusing on cross-border trade and e-commerce. It has received about USD 30 million of angel round financing, and its post-investment valuation reached USD 150 million. The investment was led by Capital Today, and followed by Hike Capital, Sequoia Capital, Gaorong Capital, IDG Capital, and Skyview Fund, etc.