Comment on Female Social Shopping Site Itugo Raises 8-digit Dollars Funding to Develop Faison Social App In by Female Social Shopping Site Itugo Reportedly Raises 8-digit Dollars Funding to Develop Faison Social App In | Kungpao.tv

['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 2014-08-29 00:00:00

Itugo, a social shopping platform that focused on the sale of female branded products, reportedly received eight-digit dollars of Series A funding from Matrix Partners, Incapital and National Foundation under Chinese Academy of Science. Launched in July 2012, the Hangzhou-based startup helps female users to buy clothes or accessories while they browse through the Internet. Different from other social shopping sites like Mogujie, Itugo only sells branded products. The site now claimed more than 15 million users and cooperates with over 10K female cloth brands. The app has recorded more than 2 million active users as of present, according to data released by the company.