E-commerce rebate platform Taofen8.com has led a RMB100m ($14.6m) series A round for Jingbei E-commerce, the China-based owner of cross-border e-commerce marketplace Seabuy, Marbridge Consulting has reported.
Santuo Investment Management and the city of Ningbo’s Municipal Government Angel Guidance Fund also participated in the round.
Seabuy is an e-commerce platform that specialises in consumer goods from abroad that can be sold to Chinese customers. The range of items available through the service includes cosmetics and personal care products, household supplies, health supplements and pet food.
