Chinese e-commerce platform Club Factory raises $100 million, to expand in India10:00:00 AM, Saturday 12th of October 2019 | in business
Chinese e-commerce platform Club Factory raises $100 million, looks forward to expanding in India. The platform sells fashion, beauty items & electronics accessories and has amassed over 70 million users on its platform. It does not charge local sellers any commission fee. The start-up claims that the number of sellers has grown by 10X in the last 6 months. It has about 5000 sellers in India & plans to double it by year-end.