Comment on Infant Care E-commerce Site Mia Scores $150 Million Series D by Three Startup Opportunities In China’s Booming Maternity Market | Business Brain Food

['Emma Lee', 'More Emma Lee', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] Comments for TechNode 2015-09-17 00:00:00

Infant care online retailer Mia, formerly known as Miyabaobei, announced that it has received a $150 million USD series D funding led by Chinese search giant Baidu at a nearly $1 billion valuation. The round will push the company’s total funding to north of $230 million USD, together with $60 million USD Series C, $20 million USD Series B and $1.6 million USD round A, which were received consecutively within the past two years. Local media has reported that Baidu management is in discussions about dipping their toes into the cross-border e-commerce sector. BabyTree, an online community for early care and education which also integrates an e-commerce business, secured over $300 million USD in funding this July. Beibei, a direct competitor of Mia, raised a $100 million USD series C earlier this year.