Shoprunner, a US-based members-only e-commerce site, has raised $206m in a funding round led by China-based e-commerce company Alibaba, according to the Wall Street Journal.
American Express joined Alibaba in the funding round and is said to have taken a small, minority stake. Reports in August suggested that Alibaba had invested $75m in Shoprunner in return for a minority stake.
The latest round also saw eBay sell off a 30% stake it held in Shoprunner, according to online news source The Next Web.
Shoprunner’s online store aggregates offers from its retail partners that include children’s store Toys “R” Us and men’s clothing retailer Brooks Brothers.