Categories: Social Media News

Chinese second-hand fashion e-commerce player raises $20m

Plum, a China-based e-commerce platform that sells second-hand fashion brands has received $20 million in an extended Series B round led by Japanese internet company Recruit Holdings.

Existing investors Matrix Partners China, Qiming Ventures and Unity Ventures re-upped. Founded in 2017, Plus claims to have seen a fivefold increase in gross merchandise volume (GMV) over the past six…

 

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