Comment on Luxury Site Secoo Raising US$ 30M by Luxury Site SECOO Secures US$100M of Series D Funding for Overseas Expansion - Platum

['Guest Editor', 'More Guest Editor', '.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 2012-05-12 00:00:00

Chinese luxury B2C site Secoo raised a new round of US$ 30 million from investors including VentechCapital(a France-based investment firm), IDGVC Partners, Bertelsmann Asia Investments and CreholChina. Founded in 2008, Secoo is an online consignment store for luxury items. One can either buy directly from its website, or go directly to its brick-and-mortar stores operated in Beijing, Jinan and Tanshang. Back in 2010, Secoo had won ten million dollars in Series A round of funding from IDGVC Partners. The piece was written by Charlie Sheng, a nerd born in the 90s with interests in tech, innovation and art.