Shopping Discount App Fenxiang Life Raises USD 10 Mn from Xiaomi, Others
Fenxiang Life (Chinese: 'pink elephant') is a social e-commerce platform based on S2B2C where businesses can provide coupons for users to share and purchase discounted goods. Founded in 2018, the company's angle round was initiated by DCM capital.
On October 23, the company finished the Series A fundraising with over USD 10 million, which was led by Xiaomi (01810:HK) and followed by DCM capital.
This text is a result of machine translation.
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