[ Epet.com raises $48.78M in Series B funding ]
Epet.com has raised $48.78 million in Series B funding.
Founded in 2008, Epet.com is an online marketplace that allows users to buy food and healthcare products for pet animals. The platform currently has over 2.3 million registered users and 100,000 daily unique visitors. It has established logistics teams in 11 cities, including Nanjing, Hangzhou and Suzhou, and has set up overseas branches in Hong Kong and the U.S.
The company plans to use the latest proceeds to enhance its partnership with domestic high-end pet products brands, as well as to expand its imported products from countries including U.S., Australia and New Zealand.
|Founder / CEO||Xiao Yu|
|Investors||IDG Capital Partners|
|Previous Investors||DT Capital Partners|
|Shenzhen Capital Group|