Consumer Staples Jul 19, 2021 10:04 AM (GMT+8)
On July 19, patpat, the world's largest children's clothing DTC brand, announced the completion of US $510 million round C series and round D series financing, with index capital continuously acting as the exclusive financial consultant. Among them, round C series financing is jointly led by today capital, general Atlantic and CDH Baifu, and SIG Haina Asia and ocean Link, NEC capital, etc. Series D financing is led by DST global, general Atlantic and ocean Link, GGV Jiyuan capital, etc.
Previously, patpat has been favored by IDG capital, SIG Haina Asia, Sequoia China, Fengrui capital and other investment institutions, and its shareholder lineup can be called luxury. So far, patpat has refreshed the largest single financing amount disclosed by the domestic cross-border e-commerce industry, and officially entered the Internet unicorn.
Talent is the fundamental source of Pat's core competitiveness. Patpat, founded in Silicon Valley mountain view city, was born with an international gene. It has offices in Shenzhen, Guangzhou, Hangzhou and Foshan, and branches in San Francisco, Los Angeles, Dublin, Manila and London. The three partners of patpat, Wang can, Gao can and Hu Meng, all graduated from Carnegie Mellon University (CMU) and have accumulated rich working experience in Oracle, Amazon and other Silicon Valley high-tech enterprises.
This text is a result of machine translation.